UL Solutions saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 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 an important benchmark to look for when looking for the best stocks to buy and watch.
UL Solutions is currently forming a consolidation, with a 59.23 buy point. Look for the stock to break out in heavy trade at least 40% higher than normal.
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The stock has an 86 EPS Rating, meaning its recent quarterly and annual earnings growth tops 86% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 58% EPS gain for Q4. Revenue was flat, matching the prior report's 8%.
UL Solutions earns the No. 3 rank among its peers in the Computer-Technical Services industry group. IBEX is the top-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.
