Fiverr International saw its IBD SmartSelect Composite Rating rise to 99 Thursday, up from 94 the day before.
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The new rating shows the stock is outpacing 99% of all stocks when it comes to the most important stock-picking criteria. The best stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Fiverr International broke out earlier, but is now trading approximately -5% below the prior 31.61 entry from a consolidation. If a stock you're tracking clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new chart pattern and buy point.
The stock earns a 96 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 96% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 23% earnings-per-share gain for Q1. Sales growth increased 15%, up from 13% in the prior report. That marks three consecutive reports with rising growth.
Fiverr International earns the No. 1 rank among its peers in the Retail-Internet industry group. Liquidity Services and MercadoLibre 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.
