The IBD SmartSelect Composite Rating for Tfi International increased from 94 to 96 Wednesday.

The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. Winning stocks often have a 95 or higher grade in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.

Tfi International has now climbed above a proper buy zone after breaking out from a 96.59 buy point in a flat base.

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The stock has an 85 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 85% of all stocks.

Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.

The company posted 153% EPS growth for Q2. Revenue growth climbed 130%, up from 24% in the prior quarter. That marks two quarters of rising growth.

Tfi International earns the No. 2 rank among its peers in the Transportation-Truck industry group. Old Dominion Freight Line is the top-ranked stock within the group.