Excelerate Energy Stock Shows Improving Market Leadership; Earns 84 RS Rating

When building your watch list, focus on stocks with an 80 or higher RS ​​Rating. Excelerate Energy (EE) stock now meets that criteria, with an increase from 64 to 84 Thursday.




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When you’re researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

This exclusive rating from Investor’s Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price movement over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research shows that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.


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Is Excelerate Energy Stock A Buy?

Excelerate Energy had a failed cup with handle pattern. While the utility stock is not near an ideal buy zone right now, see if it is able to form and break out of a proper base.

While the company’s top line growth fell last quarter from 259% to 223%, the bottom line grew 200%, up from -61% in the previous report.

Excelerate Energy stock holds the No. 6 rank among its peers in the Utility-Gas Distribution industry group. Atmos Energy (ATO) and RGC Resources (RGCO) are also among the group’s highest-rated stocks.

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