DoorDash saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 92 to 99.
The new score indicates the company is now outperforming 99% of all stocks in terms of the most important fundamental and technical stock-picking criteria. Winning stocks often have a 95 or higher score in the early stages of a new price run, so that's a good starting point when looking for the best stocks to buy and watch.
DoorDash is now out of buy range after clearing the 181.78 entry in a flat base.
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The stock earns an 80 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 80% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 0% increase in earnings for Q4. Sales were flat, matching the prior report's 25%.
DoorDash earns the No. 1 rank among its peers in the Retail-Internet industry group. Liquidity Services and MercadoLibre are also among the group's highest-rated stocks.
