Cboe Global Markets saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before.
The revised score means the stock currently tops 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 score in the early stages of a new price run, so that's a good item to have on your checklist when looking for the best stocks to buy and watch.
Cboe Global Markets broke out earlier, but has fallen back below the prior 216.82 entry from a cup with handle. If a stock you're watching clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. It's best to wait for the stock to form a new pattern and breakout.
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One weak spot is the company's 78 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q4, the company reported 2% earnings-per-share growth. Revenue growth fell to 14%, down from 16% in the previous quarter.
Cboe Global Markets earns the No. 9 rank among its peers in the Financial Services-Specialty industry group. Tiptree, Tradeweb Markets and X Financial ADR are among the top 5 highly-rated stocks within the group.
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