Karman Holdings saw its IBD SmartSelect Composite Rating jump to 97 Thursday, up from 92 the day before.
Lean How — And When — To Sell Stocks
The new rating shows the stock is outpacing 97% of all stocks when it comes to the most important stock-picking criteria. Winning stocks 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.
Karman Holdings is currently extended beyond a proper buy zone after clearing the 32.39 entry in an ipo base.
One weak spot is the company's 39 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q1, the company posted 67% earnings growth. Revenue growth increased 21%, up from 19% in the prior report. That marks one quarter of rising revenue gains.
Karman Holdings earns the No. 13 rank among its peers in the Aerospace/Defense industry group. Astronics, Espey Mfg & Elec and Heico 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.
