The IBD SmartSelect Composite Rating for PDD Holdings ADR increased from 94 to 97 Thursday.
The new rating shows 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 begin to launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
PDD Holdings ADR is not currently near a proper buy zone. See if the stock goes on to form a new base and offer a new buying opportunity.
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The stock has a 99 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 99% 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.
The company reported a 67% earnings gain for Q3. Revenue growth came in at 50%, down from 85% in the prior quarter. The company's next quarterly report is expected on or around Mar. 12.
PDD Holdings ADR earns the No. 5 rank among its peers in the Retail-Internet industry group. DoorDash is the top-ranked stock within the group.
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