On Wednesday, StoneX Group got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
Looking For Winning Stocks? How To Invest In Both Bull And Bear Markets
The new score indicates the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
StoneX Group is currently about 4% above an 83.53 entry from a double bottom. Keep in mind that it's a later-stage base, which makes it a riskier entry point.
The stock sports a 91 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 91% of all stocks.
Its Accumulation/Distribution Rating of C- shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q2, the company reported 24% EPS growth. Revenue growth increased 67%, up from 43% in the prior quarter. That marks one quarter of rising revenue increases.
StoneX Group earns the No. 7 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and Houlihan Lokey Cl A are among the top 5 highly-rated stocks 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.
