Douglas Dynamics saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 97.
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The revised score means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength.
Douglas Dynamics is trading within the buy zone from a 28.73 entry from a double bottom. Be aware that it is a thinly traded stock, with average daily dollar volume under $8 million. Such stocks may experience more volatility than those with more liquidity.
The stock earns an 87 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 87% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
The company reported a 0% earnings gain for Q1. Top line growth increased 20%, up from 7% in the prior report. That marks two quarters of increasing revenue gains.
Douglas Dynamics earns the No. 1 rank among its peers in the Auto/Truck-Tires & Miscellaneous industry group. Goodyear Tire & Rubber and Bridgestone ADR 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.
