Qifu Technology ADR saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 93 the day before.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The best stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Qifu Technology ADR broke out earlier, but is now about -4% below the prior 40.31 entry from a flat base. If a stock you're tracking clears a buy point then declines 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 entry price.
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The stock has a 91 EPS Rating, which means its recent quarterly and annual earnings growth tops 91% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
In Q4, the company reported 85% earnings-per-share growth. That marks 10 straight reports with rising EPS gains. Revenue growth fell to -3%, down from 6% in the prior quarter.
Qifu Technology ADR earns the No. 7 rank among its peers in the Financial Services-Specialty industry group. Sezzle, Marex Group and Tiptree are among the top 5 highly-rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
