On Thursday, Martin Marietta stock got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The top-performing stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Martin Marietta stock is currently extended beyond a proper buy zone after breaking out from a 386.73 buy point in a cup without handle.
Looking For The Best Stocks To Buy And Watch? Try These Screens
Martin Marietta stock earns a 93 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 93% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
Martin Marietta Builds Earnings Growth
The building material supplier reported 427% earnings growth for Q1. Revenue growth increased 10%, up from -1% in the prior report. That marks one quarter of rising revenue increases.
Martin Marietta stock holds the No. 3 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. U.S. Lime & Minerals is the top-ranked stock within the group.
