Crane saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before.
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The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
Crane is currently forming a double bottom, with a 177.69 buy point. See if the stock can break out in volume at least 40% higher than normal.
The stock earns a 91 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 91% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 24% EPS gain for Q1. Top line growth fell to 9%, down from 12% in the prior quarter.
Crane holds the No. 2 rank among its peers in the Diversified Operations industry group. Johnson Controls Intl 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.
