Interactive Brokers saw its IBD SmartSelect Composite Rating rise to 96 Monday, up from 93 the day before.
Discover The 3 Keys To Successful Stock Investing
The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength. The market's biggest winners often have a 95 or higher grade in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
Interactive Brokers broke out earlier, but is now trading right around the prior 193.42 entry from a cup without handle. If a stock you're tracking clears a buy point then retreats 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new chart pattern and buy point. Also understand that the most recent pattern is a later-stage base, and such bases are more prone to failure.
The stock earns a 97 EPS Rating, which means its recent quarterly and annual earnings growth tops 97% of all stocks.
Its Accumulation/Distribution Rating of E shows aggressive selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
In Q1, the company reported 15% earnings-per-share growth. Top line growth fell to 19%, down from 22% in the previous quarter.
Interactive Brokers holds the No. 7 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and Houlihan Lokey Cl A are among the top 5 highly-rated stocks within the group.
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.
