On Friday, F5 got an upgrade for its IBD SmartSelect Composite Rating from 91 to 96.
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The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
F5 is currently extended beyond a proper buy zone after clearing the 290.34 entry in a cup with handle.
The stock has a 92 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 92% 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% increase in earnings for Q3. That marks four straight reports with rising EPS growth. Sales growth rose 12%, up from 7% in the prior report. That marks one quarter of accelerating revenue gains.
F5 holds the No. 1 rank among its peers in the Internet-Networking Solutions industry group. Radcom and GDS Holdings 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.
