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.
Lean How — And When — To Sell Stocks
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.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
