Trinity Capital saw its IBD SmartSelect Composite Rating jump to 96 Wednesday, 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. The best stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Trinity Capital is now out of buy range after clearing the 15.26 buy point in a flat base.
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One weak spot is the company's 72 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
The company posted a -5% EPS gain for Q3. Sales growth climbed 33%, up from 19% in the prior report. That marks one quarter of increasing revenue increases. The company's next quarterly report is expected on or around Feb. 26.
Trinity Capital holds the No. 5 rank among its peers in the Finance-Investment Management industry group. Nuveen Churchill Direct is the No. 1-ranked stock within the group.
