On Wednesday, Corpay got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The market's biggest winners often have a 95 or higher rating 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.
Corpay is currently forming a consolidation, with a 400.81 buy point. See if the stock can break out in heavy trade at least 40% higher than normal.
Lean How — And When — To Sell Stocks
The stock earns a 91 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 91% of all stocks.
Its Accumulation/Distribution Rating of D- shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
In Q4, the company posted 21% EPS growth. That means it's now generated three straight quarters of rising EPS gains. Top line growth climbed 10%, up from 6% in the prior report. The company has now posted increasing growth in each of the last two reports.
Corpay earns the No. 7 rank among its peers in the Financial Services-Specialty industry group. Sezzle, Tiptree and X Financial ADR are among the top 5 highly-rated stocks within the group.
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