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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

TechnipFMC Gets IBD Stock Rating Upgrade

The IBD SmartSelect Composite Rating for TechnipFMC increased from 94 to 96 Tuesday.

The new rating shows the stock is outpacing 96% 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 begin to launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.

TechnipFMC is currently forming a flat base, with a 32.64 entry. See if the stock can break out in heavy trade at least 40% above average.

Lean How — And When — To Sell Stocks

The stock earns an 82 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 82% of all stocks.

Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.

In Q3, the company reported 205% earnings growth. Top line growth fell to 14%, down from 18% in the prior quarter.

TechnipFMC holds the No. 4 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. Chart Industries is the No. 1-ranked stock within the group.

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