The IBD SmartSelect Composite Rating for Kyndryl Holdings increased from 92 to 96 Wednesday.
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The new score indicates the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The top-performing stocks tend to have a 95 or better grade as they begin to launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Kyndryl Holdings is not currently near a proper buy zone. See if the stock goes on to form a new base and offer a new buying opportunity.
The stock earns an 81 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 81% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 0% increase in earnings for Q4. Top line growth increased -1%, up from -5% in the prior quarter. The company has now posted increasing growth in each of the last three quarters. The company's next quarterly report is expected on or around Aug. 4.
Kyndryl Holdings earns the No. 4 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies is the top-ranked stock within the group.
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