Gold Field ADR saw its IBD SmartSelect Composite Rating rise to 99 Tuesday, up from 90 the day before.
The upgrade means the stock currently tops 99% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
Gold Field ADR broke out earlier, but has fallen back below the prior 18.96 entry from a cup without handle. If a stock you're tracking clears a buy point then retreats 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new base and buy point.
Looking For The Best Stocks To Buy And Watch? Start Here
The stock earns a 97 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 97% of all stocks.
Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
The company reported a 247% rise in earnings for Q4. Revenue was flat, matching the prior quarter's 38%.
Gold Field ADR earns the No. 3 rank among its peers in the Mining-Gold/Silver/Gems industry group. Alamos Gold is the No. 1-ranked stock within the group.
