Hesai Group ADR saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 93 the day before.
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.
Hesai Group ADR is currently extended beyond a proper buy zone after clearing the 5.71 entry in a cup without handle.
One weak spot is the company's 68 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
In Q4, the company posted 0% earnings growth. Sales growth came in at 25%, down from 26% in the previous quarter. The company's next quarterly report is expected on or around May. 26.
Hesai Group ADR holds the No. 1 rank among its peers in the Auto/Truck-Original Equipment industry group. Strattec Security and Allison Transmission 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.
