Intercontinental Exchange saw its IBD SmartSelect Composite Rating jump to 97 Friday, up from 93 the day before.
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The revised score means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher score 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.
Intercontinental Exchange is currently about 3% above a 167.99 entry from a consolidation.
The stock sports an 88 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 88% 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.
The company reported a 16% increase in earnings for Q1. That means it's now posted two straight quarters of rising EPS growth. Top line growth increased 15%, up from 14% in the prior report. That marks one quarter of increasing revenue gains.
Intercontinental Exchange holds the No. 5 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR is the top-ranked stock within the group.
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