Aehr Test Systems saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher score 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.
Aehr Test Systems is trading within the buy zone from a 40.69 entry from a cup without handle. Keep in mind it is re-entering a previous buy zone after giving up good gains. Volume has also been below normal during recent trading. See if it begins to pick up.
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AEHR Earnings
One weak spot is the company's 48 EPS Rating, which tracks quarterly and annual earnings 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 B shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 0% earnings gain for Q4. Revenue growth came in at 10%, down from 13% in the previous quarter.
Aehr Test Systems earns the No. 4 rank among its peers in the Electronics-Semiconductor Equipment industry group. Axcelis Technologies is the No. 1-ranked stock within the group.
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