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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Stocks With Rising Relative Strength: OGE Energy

On Monday, OGE Energy got a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73.

This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research reveals 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. See if OGE Energy can continue to show renewed price strength and clear that threshold.

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 is able to offer and clear an appropriate buy point.

The company reported -9% EPS growth last quarter, while sales growth came in at 2%.

The company earns the No. 13 rank among its peers in the Utility-Electric Power industry group. Empresa Distribuid ADR, Pampa Energia ADR and Vistra are among the top 5 highly rated stocks within the group.

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