On Monday, Aris Water Solutions got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
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The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The market's biggest winners often have a 95 or higher rating in the early stages of a new price run, so that's a good item to have on your checklist when looking for the best stocks to buy and watch.
Aris Water Solutions is now out of buy range after breaking out from a consolidation.
The stock earns a 95 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 95% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q4, the company posted 12% earnings-per-share growth. Revenue growth increased 14%, up from 13% in the prior quarter. That marks two consecutive reports with rising growth. The company's next quarterly report is expected on or around May. 6.
Aris Water Solutions earns the No. 1 rank among its peers in the Pollution-Control industry group. Casella Waste Sys Cl A and Waste Management are also among the group's highest-rated stocks.
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