Bright Horizons saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96.
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The top-performing stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Bright Horizons is currently forming a consolidation, with a 141.90 entry. See if the stock can break out in volume at least 40% higher than normal.
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The stock has an 85 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 85% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted 18% EPS growth for Q4. Sales growth came in at 10%, down from 11% in the previous quarter.
Bright Horizons earns the No. 5 rank among its peers in the Consumer Services-Education industry group. Adtalem Global Education is the No. 1-ranked stock within the group.
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