Aris Water Solutions saw its IBD SmartSelect Composite Rating rise to 96 Friday, 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 rating 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.
Aris Water Solutions is currently extended beyond a proper buy zone after clearing the 18.99 buy point in a consolidation.
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The stock earns a 98 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 98% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q3, the company posted 48% EPS growth. Sales growth climbed 13%, up from 5% in the prior report. That marks one quarter of rising revenue growth.
Aris Water Solutions earns the No. 1 rank among its peers in the Pollution-Control industry group. Perma-Pipe Intl and Clean Harbors are also among the group's highest-rated stocks.
