On Wednesday, Qifu Technology ADR got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96.
Lean How — And When — To Sell Stocks
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The best 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.
Qifu Technology ADR broke out earlier, but has fallen back below the prior 40.31 entry from a flat base. If a stock you're tracking clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new chart pattern and entry price.
The stock has a 91 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 91% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
The company posted 85% EPS growth for Q4. That means it's now delivered 10 straight quarters of rising EPS growth. Top line growth came in at -3%, down from 6% in the prior quarter.
Qifu Technology ADR earns the No. 7 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, Marex Group and Sezzle 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.
