The IBD SmartSelect Composite Rating for Ituran Location & Ctrl increased from 93 to 96 Thursday.
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The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. Winning stocks often have a 95 or higher grade in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
Ituran Location & Ctrl is now out of buy range after clearing the 30.00 buy point in a cup without handle. Be aware that it is a thinly traded stock, with average daily dollar volume under $8 million.
The stock has a 90 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 90% 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 Q4, the company posted 17% EPS growth. That means it's now delivered two straight quarters of rising EPS growth. Top line growth increased 7%, up from 3% in the prior quarter. That marks one quarter of accelerating revenue growth.
Ituran Location & Ctrl holds the No. 2 rank among its peers in the Security/Safety industry group. Axon Enterprise is the top-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.
