BK Technologies saw its IBD SmartSelect Composite Rating rise to 97 Thursday, up from 91 the day before.
Looking For The Best Stocks To Buy And Watch? Start Here
The upgrade means the stock is now outperforming 97% of all other stocks in terms of key performance metrics and technical strength.
BK Technologies is currently forming a consolidation, with a 48.43 entry. See if the stock can break out in volume at least 40% higher than normal. Keep in mind that it's a later-stage base, and such bases are more prone to failure. Be aware that it's a thinly traded stock, with average daily dollar volume under $8 million. Such stocks may experience more volatility than those with more liquidity.
The stock has an 82 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 82% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q1, the company posted 127% earnings growth. Revenue growth fell to 4%, down from 10% in the previous quarter.
BK Technologies holds the No. 1 rank among its peers in the Telecom-Consumer Products industry group. Ooma and Motorola Solutions are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
