On Friday, Robinhood Markets got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. Winning stocks often have a 95 or higher rating in the early stages of a new price run, so that's a good item to have on your checklist when looking for the best stocks to buy and watch.
Robinhood Markets has now climbed above a proper buy zone after breaking out from a 21.54 buy point in a cup with handle.
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The stock sports an 80 EPS Rating, which means its recent quarterly and annual earnings growth tops 80% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q4, the company posted 1,700% earnings growth. Sales growth climbed 115%, up from 36% in the prior quarter. That marks one quarter of rising revenue gains.
Robinhood Markets holds the No. 5 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR is the No. 1-ranked stock within the group.
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