BK Technologies saw its IBD SmartSelect Composite Rating rise to 97 Monday, up from 94 the day before.
The new rating is a sign the stock is outpacing 97% 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 launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
BK Technologies is currently forming a consolidation, with a 38.70 buy point. Look for the stock to break out in volume at least 40% higher than normal. Be aware that it is a very thinly traded stock, with average daily dollar volume of just $878,400.
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The stock has an 81 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 81% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
In Q4, the company reported 205% earnings growth. Top line growth climbed 10%, up from 1% in the prior report. That marks one quarter of accelerating revenue growth.
BK Technologies earns the No. 1 rank among its peers in the Telecom-Consumer Products industry group. Ooma and Motorola Solutions are also among the group's highest-rated stocks.
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