The IBD SmartSelect Composite Rating for Frontdoor increased from 94 to 96 Thursday.
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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. 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.
Frontdoor is now out of buy range after breaking out from a 55.60 entry in a cup with handle.
The stock has a 94 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 94% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 45% earnings-per-share gain for Q1. Sales growth rose 13%, up from 4% in the prior quarter. That marks two quarters of rising growth. The company's next quarterly report is expected on or around Aug. 5.
Frontdoor holds the No. 3 rank among its peers in the Building-Maintenance & Services industry group. IES Holdings is the No. 1-ranked stock within the group.
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