Hesai Group ADR saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 92 the day before.
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The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
Hesai Group ADR is now out of buy range after clearing the 5.71 entry in a cup without handle.
One weak spot is the company's 68 EPS Rating, which tracks quarterly and annual earnings-per-share 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 A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
In Q4, the company reported 0% earnings growth. Revenue growth fell to 25%, down from 26% in the prior quarter. The company's next quarterly report is expected on or around May. 26.
Hesai Group ADR holds the No. 1 rank among its peers in the Auto/Truck-Original Equipment industry group. Strattec Security and Aeva Technologies are also among the group's highest-rated stocks.
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