Atlanticus Holdings saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before.
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The best stocks tend to have a 95 or better grade as they start a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Atlanticus Holdings is now out of buy range after clearing the entry in a consolidation. Understand that it is a thinly traded stock, with average daily dollar volume under $8 million. Less liquid stocks are more prone to large daily or weekly fluctuations since it takes fewer shares bought or sold to move the share price.
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The stock has a 90 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 90% 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.
The company posted a 29% increase in earnings for Q4. That means it's now generated two straight quarters of rising EPS growth. Revenue growth fell to 14%, down from 19% in the prior quarter.
Atlanticus Holdings earns the No. 4 rank among its peers in the Finance-Consumer Loans industry group. Mr. Cooper Group is the top-ranked stock within the group.
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