Warrior Met Coal Shows Improved Relative Price Performance; Still Shy Of Benchmark

On Friday, Warrior Met Coal (HCC) got a positive adjustment to its Relative Strength (RS) Rating, from 68 to 73.


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

IBD’s unique RS Rating identifies market leadership by showing how a stock’s price movement over the last 52 weeks compares to that of the other stocks in our database.

Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Warrior Met Coal can continue to show renewed price strength and clear that threshold.

Looking For The Best Stocks To Buy And Watch? Start Here

While the stock is not near a proper entry right now, see if it is able to form and break out of a proper chart pattern.

Earnings growth picked up last quarter from 0% to 446%. But revenue gains fell from 39% to 12%.

The company earns the No. 7 rank among its peers in the Energy-Coal industry group. CNX Resources Corp (CNX) and Alliance Resource Partners (ARLP) are also among the group’s highest-rated stocks.


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