South Bow had its Relative Strength (RS) Rating upgraded from 63 to 72 Monday — a welcome improvement, but still short of the 80 or higher score you look for.
IBD's proprietary rating identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or better RS Rating as they launch their biggest climbs. See if South Bow can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
While now is not an ideal time to buy shares, see if the stock goes on to offer and clear a proper buy point.
South Bow reported -53% earnings growth in the latest quarterly report, while sales growth came in at 8%. The company is expected to report its latest numbers on or around Nov. 27.
South Bow holds the No. 30 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Oneok, Energy Svcs of America and Western Midstream Ptrs are among the top 5 highly rated stocks within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
