On Tuesday, Antero Resources got an upgrade to its Relative Strength (RS) Rating, from 88 to 91.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.
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While it's not currently an ideal time to invest, see if the stock manages to form a consolidation and break out.
Top and bottom line growth moved higher last quarter. Earnings were up 205%, compared to 0% in the prior report. Revenue increased from -6% to -2%.
Antero Resources earns the No. 8 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources, Range Resources and LandBridge are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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