Alaska Air Group stock saw its IBD SmartSelect Composite Rating rise to 99 Friday, up from 88 the day before.
The new rating shows the stock is outpacing 99% of all stocks when it comes to the most important stock-picking criteria. The top-performing stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Alaska Air Group stock is currently extended and is out of buy range after clearing the 42.28 buy point in a cup with handle.
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The stock earns a 98 EPS Rating, which means its recent quarterly and annual earnings growth tops 98% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
Alaska Air Group Earnings
In Q4, the airliner posted 223% earnings-per-share growth. That means it's now posted two straight quarters of rising EPS gains. Sales growth increased 38%, up from 8% in the prior quarter. The company has now posted rising growth in each of the last two quarters.
Alaska Air Group stock holds the No. 1 rank among its peers in the Transportation-Airline industry group. Skywest and United Airlines are also among the group's highest-rated stocks. For more industry news, check out "Airline Industry News And Stocks To Watch."
