On Wednesday, FTI Consulting got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
FTI Consulting is currently forming a flat base, with a 228.41 buy point. Look for the stock to break out in heavy trade at least 40% higher than normal.
Discover The 3 Keys To Successful Stock Investing
The stock earns a 94 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 94% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
The company reported 66% EPS growth for Q1. That marks two straight quarters of rising EPS gains. Top line growth fell to 15%, down from 19% in the prior quarter.
FTI Consulting holds the No. 1 rank among its peers in the Commercial Services-Consulting industry group. VSE and Booz Allen Hamilton Hldg are also among the group's highest-rated stocks.
