Sprott saw its IBD SmartSelect Composite Rating jump to 96 Monday, up from 94 the day before.
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. Winning stocks 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.
Sprott is currently forming a consolidation, with a 48.00 entry. Look for the stock to break out in volume at least 40% higher than normal. Understand that it's a thinly traded stock, with average daily dollar volume under $8 million. Such stocks may experience more volatility than those with more liquidity.
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The stock has a 96 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 96% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported 21% earnings-per-share growth for Q4. Top line growth fell to 5%, down from 35% in the previous quarter. The company's next quarterly report is expected on or around May. 2.
Sprott holds the No. 2 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management is the No. 1-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.
