Alphabet Cl C saw its IBD SmartSelect Composite Rating rise to 96 Thursday, up from 92 the day before.
The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
Alphabet Cl C is currently forming a cup without handle, with a 193.31 buy point. See if the stock can break out in heavy trade at least 40% higher than normal.
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The stock sports a 97 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 97% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q3, the company reported 28% EPS growth. Top line growth climbed 15%, up from 14% in the prior report. That marks one quarter of accelerating revenue increases.
Alphabet Cl C holds the No. 6 rank among its peers in the Internet-Content industry group. Meta Platforms, Opera ADR and Reddit are among the top 5 highly-rated stocks within the group.