On Friday, Charter Communications (CHTR) stock earned an upgrade to its Relative Strength (RS) Rating, from 68 to 76.

This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.

History reveals that the best-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Charter Communications stock can continue to rebound and clear that threshold.

Can You Really Time The Stock Market?

Is Charter Communications Stock A Buy?

Charter Communications stock broke out of cup-with-handle base in early November, but has pulled back since then. Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the telecom stock manages to offer and clear a proper buy point.

Earnings grew 7% last quarter, up from 5% in the prior report. Revenue also increased, from 0% to 2%. The company is expected to report its latest earnings and sales numbers on or around Jan. 31.

Charter Communications stock holds the No. 2 rank among its peers in the Telecom Servics-Integrated industry group. IDT Corp B (IDT) is the top-ranked stock within the group.

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