Limbach Holdings saw an improvement in its IBD SmartSelect Composite Rating Friday, from 91 to 96.
Lean How — And When — To Sell Stocks
The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The top-performing stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Limbach Holdings is now out of buy range after breaking out from a 107.00 buy point in a consolidation.
The stock has a 97 EPS Rating, which means its recent quarterly and annual earnings growth tops 97% 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 27% rise in earnings for Q2. Revenue growth climbed 16%, up from 12% in the prior report. The company has now posted accelerating growth in each of the last two reports.
Limbach Holdings holds the No. 2 rank among its peers in the Building-A/C & Heating Products industry group. Comfort Systems USA is the No. 1-ranked stock within the group.
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