On Wednesday, Comfort Systems USA got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength. The market's biggest winners often have a 95 or higher grade in the early stages of a new price run, so that's a good starting point when looking for the best stocks to buy and watch.
Comfort Systems USA is not currently near a proper buy point. See if the stock goes on to form a new base and offer a new buying opportunity.
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The stock earns a 99 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 99% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q3, the company reported 49% EPS growth. Revenue growth came in at 32%, down from 40% in the prior quarter.
Comfort Systems USA holds the No. 1 rank among its peers in the Building-A/C & Heating Products industry group. Lennox International and Trane Technologies are also among the group's highest-rated stocks.