Ameresco, Inc. (NASDAQ: AMRC) – Renewable Energy Tech Showing Real Momentum
Why Watch It
Ameresco is sparking renewed investor interest after a significant uptick in its technical strength. Its Relative Strength (RS) Rating soared from 89 to 94, placing it firmly in elite territory—a rare move that often signals the start of a powerful trend. While not yet in the prime buy range, Ameresco’s metrics are flashing signs of momentum worth monitoring heading into September. Its recent quarter also delivered 170% earnings growth, though sales softened to 8%—a shift that often accompanies a maturing — growth profile in rapidly evolving sectors.
Key Drivers at a Glance
| Catalyst | Insight |
|---|---|
| RS Rating: 94 | Elite performance signal; stocks above 80 often lead early in rallies. |
| Earnings Spike | EPS growth jumped from flat to +170%—a strong catalyst for renewed attention. |
| Renewable Energy Rebound | As energy markets stabilize, Ameresco’s infrastructure tech stands to benefit. |
| Standout in Sector | Ranked 13th in Energy‑Alternative group; peers include Bloom Energy and Enlight. |
Final Take
Ameresco is building real traction—elite RS ratings, explosive earnings growth, and a comeback narrative in renewable energy infrastructure. It’s not a classic breakout yet, but if you’re looking for early momentum setups heading into next week, this is one to watch closely—especially if price action confirms with tighter basing or retest of support levels.