Ituran Location & Ctrl saw its IBD SmartSelect Composite Rating rise to 98 Thursday, up from 93 the day before.
The upgrade means the stock currently tops 98% 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 starting point when looking for the best stocks to buy and watch.
Ituran Location & Ctrl is currently extended beyond a proper buy zone after clearing the 30.00 buy point in a cup without handle. Be aware that it is a thinly traded stock, with average daily dollar volume under $8 million.
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The stock sports an 88 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 88% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q4, the company posted 17% earnings growth. That means it's now generated two straight quarters of rising EPS growth. Revenue growth increased 7%, up from 3% in the prior report. That marks one quarter of increasing revenue growth.
Ituran Location & Ctrl holds the No. 2 rank among its peers in the Security/Safety industry group. Axon Enterprise is the top-ranked stock within the group.
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