Standard Motor Products saw its IBD SmartSelect Composite Rating rise to 96 Thursday, up from 94 the day before.
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The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
Standard Motor Products is currently extended beyond a proper buy zone after clearing the 34.13 buy point in a cup with handle. Note that it is a thinly traded stock, with average daily dollar volume under $8 million.
The stock earns an 84 EPS Rating, which means its recent quarterly and annual earnings growth tops 84% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q2, the company posted 32% earnings growth. Revenue growth rose 27%, up from 25% in the prior quarter. That marks three quarters of increasing revenue gains.
Standard Motor Products earns the No. 2 rank among its peers in the Auto/Truck-Replacement Parts industry group. Motorcar Parts of Amer is the top-ranked stock 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.
