Interactive Brokers saw its IBD SmartSelect Composite Rating rise to 97 Thursday, up from 94 the day before.
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The new rating shows the stock is outpacing 97% 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 start a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Interactive Brokers is currently forming a cup without handle, with a 236.53 buy point. Look for the stock to break out in volume at least 40% above average.
The stock has a 97 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 97% of all stocks.
Its Accumulation/Distribution Rating of D- shows moderate 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 posted 15% earnings-per-share growth. Sales growth came in at 19%, down from 22% in the prior quarter.
Interactive Brokers earns the No. 6 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.
