On Tuesday, Aris Water Solutions got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96.
The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The market's biggest winners often have a 95 or higher score in the early stages of a new price run, so that's a good item to have on your checklist when looking for the best stocks to buy and watch.
Aris Water Solutions is trading about 3% above a 27.94 entry from a consolidation.
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The stock has a 95 EPS Rating, meaning its recent quarterly and annual earnings growth tops 95% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
In Q4, the company reported 12% earnings growth. Revenue growth increased 14%, up from 13% in the prior quarter. The company has now posted increasing growth in each of the last two quarters.
Aris Water Solutions holds the No. 1 rank among its peers in the Pollution-Control industry group. Republic Services and Waste Connections are also among the group's highest-rated stocks.
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