On Friday, Comstock Holding Cl A got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
Discover The 3 Keys To Successful Stock Investing
The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The market's biggest winners often have a 95 or higher grade in the early stages of a new price run, so that's a good starting point when looking for the best stocks to buy and watch.
Comstock Holding Cl A has now climbed above a proper buy zone after breaking out from a 12.50 buy point in a cup without handle. Keep in mind that it's a very thinly traded stock, with average daily dollar volume .
The stock sports a 95 EPS Rating, meaning its recent quarterly and annual earnings growth tops 95% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
The company posted 56% EPS growth for Q2. Top line growth climbed 21%, up from 19% in the prior report. That marks one quarter of accelerating revenue increases. The company's next quarterly report is expected on or around Mar. 26.
Comstock Holding Cl A holds the No. 1 rank among its peers in the Building-Residential/Commercial industry group. Toll Brothers and Millrose Properties Cl A are also among the group's highest-rated stocks.
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.
