Clearwater Analytics saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 96.
The revised score means the stock currently tops 96% 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.
Clearwater Analytics is currently extended beyond a proper buy zone after breaking out from a 21.89 entry in a consolidation.
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The stock sports a 99 EPS Rating, which means its recent quarterly and annual earnings growth tops 99% 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.
In Q4, the company reported 30% earnings growth. Sales growth climbed 28%, up from 22% in the prior quarter. That marks two quarters of rising growth.
Clearwater Analytics holds the No. 1 rank among its peers in the Computer Software-Financial industry group. Intapp and MoneyLion are also among the group's highest-rated stocks.
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