Tutor Perini saw its IBD SmartSelect Composite Rating jump to 98 Friday, up from 92 the day before.
Lean How — And When — To Sell Stocks
The revised score means the stock currently tops 98% of all other stocks in terms of key performance metrics and technical strength. The market's biggest winners often have a 95 or higher score in the early stages of a new price run, so that's a good item to have on your checklist when looking for the best stocks to buy and watch.
Tutor Perini is now out of buy range after breaking out from a 34.55 entry in a consolidation.
One weak spot is the company's 79 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
In Q2, the company reported 100% EPS growth. Revenue growth climbed 22%, up from 19% in the prior quarter. That marks three quarters of rising growth.
Tutor Perini holds the No. 3 rank among its peers in the Building-Heavy Construction industry group. Primoris Services is the top-ranked stock within the group.
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