CarGurus Cl A saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96.
The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
CarGurus Cl A is now out of buy range after breaking out from a 26.90 buy point in a flat base.
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The stock sports a 95 EPS Rating, which means its recent quarterly and annual earnings growth tops 95% of all stocks.
Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors over the last 13 weeks.
In Q3, the company posted 32% earnings-per-share growth. Revenue growth increased 5%, up from -9% in the prior quarter. That marks one quarter of rising revenue gains.
CarGurus Cl A holds the No. 3 rank among its peers in the Internet-Content industry group. Meta Platforms is the top-ranked stock within the group.
