Grupo Aeroportuario ADR saw its IBD SmartSelect Composite Rating jump to 96 Wednesday, up from 90 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. The top-performing 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.
Grupo Aeroportuario ADR is currently extended beyond a proper buy zone after clearing the 83.69 buy point in a cup with handle. Note that it is a thinly traded stock, with average daily dollar volume under $8 million.
One weak spot is the company's 71 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 0% earnings-per-share gain for Q2. That means it's now generated two straight quarters of rising EPS gains. Sales growth climbed 22%, up from -23% in the prior quarter. That marks one quarter of increasing revenue gains.
Grupo Aeroportuario ADR holds the No. 1 rank among its peers in the Real Estate-Development/Operations industry group. Newmark Group and CBRE Group 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.
