Cap Clean Energy Carriers saw its IBD SmartSelect Composite Rating rise to 98 Friday, up from 92 the day before.
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The new score indicates the company is now outperforming 98% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The best stocks tend to have a 95 or better grade as they begin to launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Cap Clean Energy Carriers is not currently near a proper buy point. Look for the stock to form and break out of a new chart pattern. Be aware that it is a very thinly traded stock, with average daily dollar volume of just $940,577..
The stock earns an 81 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 81% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
The company posted 122% earnings growth for Q2. Revenue growth came in at 27%, down from 44% in the previous quarter.
Cap Clean Energy Carriers holds the No. 1 rank among its peers in the Transportation-Ship industry group. Euroseas and ZIM Integrated Shipping are also among the group's highest-rated stocks.
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