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Lithium Americas Joins Elite Club Of Stocks With RS Ratings Over 90

Lithium Americas (LAC) had its Relative Strength (RS) Rating upgraded from 87 to 91 Wednesday.

As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength. IBD’s unique rating measures share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the best stocks tend to have an 80 or better RS Rating at the beginning of a new run.


See How IBD Helps You Make More Money In Stocks


Lithium Americas has risen more than 5% past a 17.07 entry in a first-stage cup without handle, meaning it’s now out of a proper buy zone. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.

Lithium Americas posted negative growth for both sales and earnings last quarter.

Lithium Americas holds the No. 19 rank among its peers in the Mining-Metal Ores industry group. Vedanta (VEDL), Vale (VALE) and Rio Tinto (RIO) are among the top 5 highly rated stocks within the group.

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