Rush Street Interactive saw its IBD SmartSelect Composite Rating jump to 96 Wednesday, up from 94 the day before.
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The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. 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.
Rush Street Interactive is now out of buy range after clearing the 15.75 entry in a cup with handle.
The stock sports an 80 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 80% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 175% rise in earnings for Q2. Sales growth climbed 22%, up from 21% in the prior quarter. That marks one quarter of rising revenue gains. The company's next quarterly report is expected on or around Oct. 29.
Rush Street Interactive earns the No. 1 rank among its peers in the Leisure-Gaming/Equipment industry group. Sportradar Group and Boyd Gaming are also among the group's highest-rated stocks.
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