On Wednesday, Limbach Holdings got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
The upgrade means the stock is now outpacing 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 start a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Limbach Holdings is currently extended beyond a proper buy zone after clearing the 66.64 entry in a consolidation.
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The stock sports an 85 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 85% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted 2% earnings-per-share growth for Q3. Top line growth increased 5%, up from -2% in the prior quarter. That marks one quarter of rising revenue growth.
Limbach Holdings holds the No. 4 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.