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Stocks To Watch: Watsco Sees RS Rating Rise To 82

When looking for the best stocks to buy and watch, focus on those with rising relative price strength.

One stock that fits that bill is Watsco (WSO), which had its Relative Strength (RS) Rating upgraded from 79 to 82 Tuesday.

As you try to find 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 performance over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest climbs.


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Watsco is working on a cup with handle with a 311.96 buy point. See if the stock can clear the breakout price in heavy volume.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 31% to 77%. Revenue rose from 16% to 31%. Look for the next report on or around Apr. 22.

The company holds the No. 2 rank among its peers in the Building-A/C & Heating Products industry group. Watsco (WSO) and Comfort Systems USA (FIX) are also among the group’s highest-rated stocks.

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