Banking

Silvergate Cap Corp Joins Elite List Of Stocks With 95-Plus Composite Rating

On July 21, Silvergate Cap Corp Cl A (SI) got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96. On Aug. 9 it hit 99.

The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The market’s biggest winners often have a 95 or higher rating in the early stages of a new price run, so that’s a good item to have on your checklist when looking for the best stocks to buy and watch.

Silvergate Cap Corp Cl A is not currently near a proper buy point. See if the stock goes on to form a new base and offer a new buying opportunity.


Looking For The Best Stocks To Buy And Watch? Start Here


 

The stock has a 99 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 99% of all stocks.

Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.

The company reported 176% earnings-per-share growth for Q2. Sales growth increased 82%, up from 26% in the prior report. That marks three quarters of rising growth.

Silvergate Cap Corp Cl A holds the No. 5 rank among its peers in the Banks-West/Southwest industry group. Western Alliance Bancorp (WAL) is the No. 1-ranked stock within the group.

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