Brinker International saw its IBD SmartSelect Composite Rating rise to 96 Friday, up from 94 the day before.
Looking For Winning Stocks? How To Invest In Both Bull And Bear Markets
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Brinker International has now climbed above a proper buy zone after breaking out from a 73.68 entry in a cup with handle.
The stock sports a 98 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 98% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
In Q3, the company posted 115% earnings-per-share growth. Sales growth increased 27%, up from 26% in the prior quarter. The company has now posted increasing growth in each of the last two quarters.
Brinker International earns the No. 3 rank among its peers in the Retail-Restaurants industry group. Dutch Bros is the No. 1-ranked stock within the group.
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.
