Johnson Controls Intl saw an improvement in its IBD SmartSelect Composite Rating Friday, from 94 to 97.
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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. The best stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Johnson Controls Intl is trading within the buy zone from an 85.10 entry from a double bottom.
The stock has a 95 EPS Rating, meaning its recent quarterly and annual earnings growth tops 95% 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 reported 39% earnings-per-share growth. It has now posted accelerating EPS growth for two consecutive quarters. Revenue growth fell to 4%, down from 7% in the prior quarter. The company's next quarterly report is expected on or around May. 7.
Johnson Controls Intl earns the No. 1 rank among its peers in the Diversified Operations industry group. Crane and Berkshire Hathaway Cl A are also among the group's highest-rated stocks.
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