Composite Ratings Rising Stocks: Taylor Appliances

Taylor devices (TAYD) saw its IBD SmartSelect Composite Rating increase to 96 on Thursday, up from 93 the day before.

X



The new score means the company currently outperforms 96% of all stocks on the most important fundamental and technical stock selection criteria. History shows that the best players in the market tend to score 95 or higher when they start their major climbs.

Taylor Devices has now climbed above the correct buy zone after clearing a consolidation entry at 26.40. Please note that these are lightly traded stocks with average daily dollar volume of less than $8 million.

---

Looking for winning stocks? How to invest in both bull and bear markets

---

The company’s stock has an EPS Rating of 95, which means its recent quarterly and long-term annual earnings growth exceeds 95% of all stocks.

Its accumulation/distribution rating of C- shows roughly equal volume of buying and selling activity by institutional investors over the last 13 weeks.

In the third quarter, the company recorded a 74% increase in earnings per share. Revenue growth increased by 24%, compared to -2% in the previous report. This represents a quarter of accelerating revenue growth. The company’s next quarterly report is expected around April 29.

Taylor Devices ranks No. 3 among its competitors in the Machinery-General Industrial industry group. Badger gauge (BMI) is the highest-ranked company in the group.

YOU MAY LIKE:

Which companies are currently outperforming 95% of all stocks?

See the top-rated growth stocks to buy and watch right now

See which stocks just appeared on IBD’s top stocks lists

Ready to develop your investing skills? Join the IBD meeting group!

Identify bases and buy points with pattern recognition from MarketSmith