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Stocks With Rising Relative Strength: Graftech Intl

On Monday, Graftech Intl (EAF) got an upgrade to its Relative Strength (RS) Rating, from 68 to 75.




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When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s unique RS Rating measures technical performance by showing how a stock’s price movement over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their biggest price moves. See if Graftech Intl can continue to rebound and clear that threshold.


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While the stock is not near an ideal buy point right now, see if it is able to form and break out of a proper base.

Although earnings and sales growth came in at -23% and -18%, respectively, in the latest report, that marked two straight quarters of improvement for EPS and two for revenue. Graftech Intl is expected to report its next quarterly numbers on or around May 6.

The company earns the No. 5 rank among its peers in the Steel-Specialty Alloys industry group. Constellium Se (CSTM) and Howmet Aerospace (HWM) are also among the group’s highest-rated stocks.

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