Tuesday's IBD 50 Stocks To Watch pick, financial services leader StoneX, is approaching a new buy point, as it looks to add to its 44% advance in 2025. That makes StoneX stock one of the best to watch right now.
The company, based in New York City, is a global brokerage firm that provides risk management, payment products, securities execution, and commodity trading services.
On May 7, StoneX reported quarterly earnings that rose 24% vs. the year-ago period, accelerating from the previous quarter. Revenue jumped 67% to $36.9 million. For fiscal year 2025, the company's annual earnings are expected to grow 5% before slowing to 1% growth in fiscal 2026, according to IBD MarketSurge.
Over the last several years, StoneX has benefited from a rising interest rate environment, despite mostly muted stock market volatility — a key growth driver, the company said.
However, volatility has increased sharply this year amid the Trump tariff-induced stock market sell-off. And that sustained volatility could be a tailwind for the company's growth.
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StoneX Stock Eyes Buy Point
StoneX stock is rapidly approaching a 97.17 buy point out of a cup base, per IBD MarketSurge chart analysis. Shares rallied nearly 1% midday Tuesday. Keep an eye out for a potential handle to offer a lower entry.
StoneX stock boasts a strong 96 out of a perfect 99 IBD Composite Rating, according to IBD Stock Checkup. That makes the financial leader one of the best stocks to watch in the ongoing stock market rally.
With IBD's recommended equity exposure range of 80%-100%, investors have the flexibility to buy breakouts among top stocks.
The relative strength line is recovering from its recent lows, but it still remains a bit off its old highs. Watch for that technical indicator to trend higher as StoneX nears its latest buy point. The RS line measures a stock's price performance vs. the S&P 500 and provides insight into a stock's market leadership status.
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Best Stocks To Watch
These three recent IBD 50 Growth Stocks To Watch picks are among the best stocks to watch:
Company | Symbol | Buy point | Type of base |
---|---|---|---|
Urban Outfitters | 75.80 | Flat base | |
Atour Lifestyle | 34.23 | Flat base | |
Shopify | 112.38 | Cup with handle |
Source: IBD Data As Of July 8, 2025
Follow Scott Lehtonen on X, formerly known as Twitter, at @IBD_SLehtonen for more on the best stocks to buy and watch and the stock market.