On Tuesday, CF Industries Holdings got an upgrade for its IBD SmartSelect Composite Rating from 92 to 96.
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The upgrade means the stock is now outperforming 96% of all other stocks in terms of key performance metrics and technical strength. The top-performing stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
CF Industries Holdings is currently forming a cup without handle, with a 98.25 entry. See if the stock can break out in volume at least 40% higher than normal.
The stock has a 96 EPS Rating, which means its recent quarterly and annual earnings growth tops 96% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 118% rise in earnings for Q1. Revenue growth increased 13%, up from -3% in the prior quarter. That marks one quarter of increasing revenue growth.
CF Industries Holdings earns the No. 1 rank among its peers in the Chemicals-Agriculture industry group. Intrepid Potash and CVR Partners are also among the group's highest-rated stocks.
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