The IBD SmartSelect Composite Rating for Hub Group increased from 80 to 96 Tuesday.
The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength.
Hub Group is not currently near a proper buy point. See if the stock goes on to form a new base and offer a new buying opportunity now that earnings are behind it until next quarter.
Looking For The Best Stocks To Buy And Watch? Try These Screens
The stock earns a 99 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 99% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q1, the company posted 406% earnings growth. It has now posted accelerating EPS gains for eight consecutive quarters. Revenue growth increased 41%, up from 32% in the prior report. That marks two consecutive reports with rising growth.
Hub Group holds the No. 1 rank among its peers in the Transportation-Logistics industry group. CH Robinson Worldwide and Schneider National are also among the group's highest-rated stocks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
