Service Corporation International is a leader in the funeral services industry, and No. 1 rated in its industry group. It operates under various brand names including the Neptune Society and Dignity Memorial. When putting together a stock watchlist, it's important to focus on stocks with an 80 or higher Relative Strength Rating. SCI stock just reached the mark, now earning a score of 84.
The new 84 RS Rating means that SCI stock has topped 84% of all stocks on price performance over the past year. It's an important milestone for the company because the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves.
Big Funds Accumulate SCI Stock
Among its other ratings, SCI has an 88 EPS Rating, of a best-possible 99. Its 90 Composite Rating puts it in the top 10% of companies on a group of five key ratings. It boasts a top-notch A SMR Rating (sales+profit margins+return on equity), on an A-to-E scale with A tops. Additionally, it has a B Accumulation/Distribution Rating, indicating that big money investors such as mutual funds and ETFs are moderately heavy buyers of SCI stock.
Service Corporation International reported 4% EPS growth in the latest quarterly report, to $1.17, taking a breather after reporting 207%, 59% and 47% EPS growth the prior three quarters. Sales last quarter grew 8% to $1.04 billion on the heels of 34%, 20% and 13% growth.
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SCI stock is building a cup without handle with a 71.81 buy point. See if the stock can break out in volume at least 40% higher than normal.
SCI stock earns the No. 1 rank among its peers in the Funeral Services & Related industry group. Carriage Services and Hillenbrand are also among the top 5 companies in the group.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique Relative Strength Rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
