On Thursday, United Rentals got an upgrade for its IBD SmartSelect Composite Rating from 91 to 96.
The new score indicates the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
United Rentals is currently extended beyond a proper buy zone after clearing the 757.85 buy point in a cup with handle.
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The stock sports an 84 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 84% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 1% earnings-per-share gain for Q3. Revenue was flat, matching the prior report's 6%.
United Rentals holds the No. 3 rank among its peers in the Commercial Services-Leasing industry group. Willis Lease Finance is the No. 1-ranked stock within the group.
