Kanzhun ADR saw its IBD SmartSelect Composite Rating jump to 97 Tuesday, up from 88 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 a good item to have on your checklist when looking for the best stocks to buy and watch.
Kanzhun ADR is currently forming a cup without handle, with a 20.81 buy point. Look for the stock to break out in heavy trade at least 40% higher than normal.
The stock sports a 92 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 92% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q4, the company posted 10% earnings growth. Revenue growth came in at 12%, down from 24% in the previous quarter. The company's next quarterly report is expected on or around May. 22.
Kanzhun ADR holds the No. 2 rank among its peers in the Internet-Content industry group. Full Truck Alliance ADR is the No. 1-ranked stock 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.
