Acres Commercial Realty saw an improvement in its IBD SmartSelect Composite Rating Friday, from 82 to 96.
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
Acres Commercial Realty is currently extended beyond a proper buy zone after clearing the 16.13 entry in a flat base. Be aware that it is a very thinly traded stock, with average daily dollar volume .
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One weak spot is the company's 67 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
The company reported a 160% increase in earnings for Q4. Top line growth increased 26%, up from 5% in the prior report. The company has now posted increasing growth in each of the last two quarters.
Acres Commercial Realty holds the No. 1 rank among its peers in the Finance-Mortgages-REITs industry group. NexPoint Real Est Fin and Two Harbors Investment are also among the group's highest-rated stocks.
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