TG Therapeutics saw its IBD SmartSelect Composite Rating jump to 97 Thursday, up from 93 the day before.
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The revised score means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
TG Therapeutics is currently about 2% above a 36.84 entry from a consolidation.
The stock has an 81 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 81% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
The company posted a 0% increase in earnings for Q1. Revenue growth came in at 90%, down from 146% in the previous quarter.
TG Therapeutics earns the No. 2 rank among its peers in the Medical-Biomed/Biotech industry group. Exelixis is the top-ranked stock within the group.
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