SharkNinja saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 94 the day before.
The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
SharkNinja is currently forming a consolidation, with a 112.93 entry. See if the stock can break out in heavy trade at least 40% above average. But note that it's a later-stage base, which makes it a riskier entry point.
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The stock earns a 93 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 93% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 27% rise in earnings for Q3. Top line growth climbed 33%, up from 31% in the prior quarter. That marks four consecutive reports with increasing revenue gains.
SharkNinja holds the No. 1 rank among its peers in the Household-Appliances/Hardware industry group. Newell Brands and Middleby are also among the group's highest-rated stocks.
