On Tuesday, Cinemark Holdings got an upgrade for its IBD SmartSelect Composite Rating from 89 to 97.
The revised score means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength. The best 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.
Cinemark Holdings has now climbed above a proper buy zone after clearing the 19.31 buy point in a double bottom.
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The stock sports an 80 EPS Rating, meaning its recent quarterly and annual earnings growth tops 80% 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 0% EPS growth for Q4. Revenue growth climbed 27%, up from 5% in the prior report. That marks two consecutive reports with increasing revenue gains.
Cinemark Holdings earns the No. 2 rank among its peers in the Leisure-Movies & Related industry group. Netflix is the No. 1-ranked stock within the group.
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