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IBD Rating Upgrades: BHP Billiton Flashes Improved Relative Price Strength

The Relative Strength (RS) Rating for BHP Billiton (BBL) headed into a new percentile Tuesday, as it got a lift from 70 to 73.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor’s Business Daily measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

History shows that the market’s biggest winners typically have an RS Rating of above 80 as they begin their biggest price moves. See if BHP Billiton can continue to show renewed price strength and hit that benchmark.


See How IBD Helps You Make More Money In Stocks


BHP Billiton is building a cup without handle with a 67.13 buy point. See if it can break out in volume at least 40% above average.

The company posted 17% EPS growth in its most recent report, while sales growth came in at 15%. The company is expected to report its latest results on or around Apr. 28.

The company holds the No. 6 rank among its peers in the Mining-Metal Ores industry group. Freeport McMoRan (FCX) and Rio Tinto (RIO) are also among the group’s highest-rated stocks.

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