Root Cl A saw its IBD SmartSelect Composite Rating rise to 96 Friday, up from 88 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. Winning stocks often have a 95 or higher rating in the early stages of a new price run, so that's a good starting point when looking for the best stocks to buy and watch.
Root Cl A is now out of buy range after breaking out from a 118.15 entry in a consolidation.
Looking For Winning Stocks? How To Invest In Both Bull And Bear Markets
The stock sports an 81 EPS Rating, meaning its recent quarterly and annual earnings growth tops 81% 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 posted a 0% rise in earnings for Q4. Revenue growth came in at 68%, down from 165% in the previous quarter.
Root Cl A holds the No. 4 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A is the No. 1-ranked stock 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.
