On Wednesday, BILL Holdings got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. While that may have helped the stock at today's open, it has since followed the market down.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The top-performing stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
BILL Holdings is not currently near a proper buy point. It had been trading below its 200-day moving average for over a year. Look for the stock to form and break out of a new base.
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The stock has an 80 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 80% of all stocks.
Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors over the last 13 weeks.
BILL Earnings
The company reported a 0% rise in earnings for Q3. Top line growth fell to 63%, down from 66% in the previous quarter.
BILL Holdings holds the No. 2 rank among its peers in the Computer Software-Financial industry group. AvidXchange is the top-ranked stock within the group.
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