While risk management takes center stage in market corrections, investors should simultaneously maintain a list of stocks to watch when a new uptrend takes hold. The screen below highlights 30 stocks that continue to earn the highest-possible 99 Composite Rating — including Netflix and 11 others in or near buy range.
Insurance stocks like Skyward Specialty Insurance, Root and Goosehead Insurance join Netflix among those near a buy zone, as indicated by green shading in this table. Mining and metals stocks like Harmony Gold Mining, New Gold and Fortuna Mining also fit that bill.
For Netflix stock and the others, the stellar 99 Composite Rating means each stock is outpacing 99% of all companies in IBD's database in terms of key stock-picking factors. But that score is just one reason the companies make this list.
Netflix Among Top Stocks In Top Groups
In addition to a 99 Composite Rating, all the names on this stock screen hail from the top-ranked industry groups — a factor worth noting because winning stocks tend to come from the top-ranked groups among the 197 industries that IBD tracks. This screen highlights the Top 20 industries.
Netflix, for example, hails from the Leisure-Movies & Related group, which ranks No. 3 among all industries in IBD's database. The Mining-Gold/Silver/Gems industry is even stronger, coming in at No. 2.
The Consumer Services-Education group — home to Adtalem Global Education and Stride — ranks sixth among IBD's 197 industries.
Heico — Monday's IBD Stock Of The Day — has also secured a spot on this list. Its Aerospace/Defense group ranks No. 11.
Stay Engaged — But Proceed With Caution
A perfect 99 Composite Rating and leading industry group ranking does not mean it's time to buy. Especially in this type of market, even if a follow-through day signals a new uptrend, investors should proceed with caution. Not all follow-through days spark a sustained new climb in the market indexes. Some will quickly fail.
But in order to get in early on the next crop of winning stocks, focus on top-rated stocks showing sound buy points and rising relative strength.
As always, stay protected and profitable by sticking to time-tested rules for how to buy stocks and when to sell stocks.
Refine Your Stock Picks With This Stock Screener. Here's How.
Stock Screener Highlights Top-Rated Industry Leaders
| Company | Symbol | Comp Rating | Ind Group Rank | EPS Rating | RS Rating | SMR Rating | A/D Rating |
|---|---|---|---|---|---|---|---|
| Alamos Gold | AGI | 99 | 2 | 96 | 96 | A | B |
| Avino Silver & Gold Mines | ASM | 99 | 2 | 80 | 98 | B | A |
| Adtalem Global Education | ATGE | 99 | 6 | 97 | 95 | A | B |
| AngloGold Ashanti | AU | 99 | 2 | 80 | 95 | A | A+ |
| Doximity | DOCS | 99 | 8 | 99 | 98 | A | B |
| DRDGold | DRD | 99 | 2 | 93 | 97 | A | B+ |
| EHang Holdings | EH | 99 | 11 | 80 | 97 | B | B+ |
| Elbit Systems | ESLT | 99 | 11 | 88 | 98 | B | A |
| Frequency Electronics | FEIM | 99 | 20 | 80 | 95 | A | B |
| Fortuna Mining | FSM | 99 | 2 | 94 | 95 | A | A- |
| Fortinet | FTNT | 99 | 16 | 99 | 93 | A | B- |
| Gold Fields | GFI | 99 | 2 | 97 | 95 | A | B |
| Goosehead Insurance | GSHD | 99 | 12 | 96 | 97 | A | B+ |
| Heico | HEI | 99 | 11 | 95 | 87 | A | B |
| Hecla Mining | HL | 99 | 2 | 80 | 86 | B | B |
| Harmony Gold Mining | HMY | 99 | 2 | 97 | 95 | A | A+ |
| Idaho Strategic Resources | IDR | 99 | 2 | 80 | 94 | B | B |
| Kinross Gold | KGC | 99 | 2 | 84 | 96 | A | B+ |
| Stride | LRN | 99 | 6 | 99 | 96 | A | B- |
| Newmont | NEM | 99 | 2 | 88 | 87 | A | B |
| Netflix | NFLX | 99 | 3 | 99 | 93 | A | B+ |
| New Gold | NGD | 99 | 2 | 80 | 96 | A | C |
| Option Care Health | OPCH | 99 | 4 | 89 | 92 | B | C+ |
| Root | ROOT | 99 | 12 | 80 | 99 | A | A+ |
| Skyward Specialty Insurance | SKWD | 99 | 12 | 96 | 92 | A | B |
| Spotify Technology | SPOT | 99 | 17 | 81 | 97 | A | B- |
| Silvercorp Metals | SVM | 99 | 2 | 86 | 90 | A | A |
| Triple Flag Precious Metals | TFPM | 99 | 2 | 98 | 92 | A | B+ |
| Wheaton Precious Metals | WPM | 99 | 2 | 90 | 95 | A | A- |
| Full Truck Alliance | YMM | 99 | 14 | 99 | 96 | A | A- |
Data as of March 25
Hunting For The Best Stocks To Watch
To make this screen of top stocks to watch in the top-ranked industries, each company must meet the following criteria:
- Industry group rank: from 1 to 20 (on IBD's 197 industries list).
- Composite Rating: 99.
- EPS Rating: 80 or higher.
- Relative Strength Rating: 80 or higher.
- SMR Rating: A or B.
- Current share price: $12 or more.
- 50-day daily average volume: 400,000 shares or more.
However, ratings are just one part of the equation when evaluating a stock. Be sure to always check the stock chart to gauge when to buy, sell or hold.
Stock Screener: Build Your Watchlist With Stock Ratings And Stock Lists
Running stock screens with the IBD Stock Screener or MarketSurge is an effective way to streamline your research to find top-rated stocks to watch.
You can also zero in on the best stocks to watch using IBD stock lists based on a wide range of preset filters. You'll find top-rated stocks meeting the criteria of the IBD 50, IBD Sector Leaders, IBD Big Cap 20, IPO Leaders and more.
Once you've put together potential stock picks for your watchlist, you'll want to evaluate your ideas with IBD Stock Checkup. With pass, neutral or fail ratings for each of your stocks, IBD Stock Checkup provides a detailed look at both the fundamental and technical health of the companies on your watchlist.
Additionally, based on The IBD Methodology, the Composite Rating provides an overall score that takes into account each of the IBD ratings. The single score considers how a company and its stock are performing in terms of annual and quarterly earnings growth as well as its relative strength vs. the rest of the market. The score also accounts for sales, profit margins and institutional demand.
However, note that you should not buy a stock solely on its ratings or placement on one of IBD's stock lists. No matter how compelling a company's story may seem, savvy investors will always check the technical action in the stock chart before buying.
Check The Chart To Know When To Buy Stocks
Using stock lists helps you zero in on the best stocks to watch. Stock ratings look under the hood to diagnose a company and its stock's fundamental and technical health. Both stock lists and stock ratings help you understand what to buy. But to fully understand when to buy stocks, take a look at the stock chart.
Meanwhile, it's also critical to understand what type of environment you're currently in. Is it a bull market, when most stocks go up? Or a bear market, when most stocks go down? Or is it a volatile, choppy and uncertain time when the market indexes tend to fail to make any sustained headway?
Use stock charts to evaluate both the market indexes and individual stocks. Charts will help you pinpoint the best time to buy stocks by identifying support and resistance, as well as buy points and buy zones. Using charts also helps you identify warning signs and when to sell stocks.
So when searching for potential stock picks and stocks to watch, always check the charts. They provide the most unbiased diagnosis of a stock's health.
Follow Matthew Galgani on X (formerly Twitter) at @IBD_MGalgani.
