Simply Good Foods Composite Rating Rises To 96

Simply Good Foods (SMPL) saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before.


The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. Winning stocks often have a 95 or higher grade in the early stages of a new price run, so that’s a good starting point when looking for the best stocks to buy and watch.

Simply Good Foods is now out of buy range after clearing the 35.35 entry in a cup without handle.

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The stock sports a 92 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 92% of all stocks.

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

In Q3, the company posted 65% earnings growth. Top line growth increased 32%, up from 2% in the prior quarter. That marks one quarter of rising revenue increases.

Simply Good Foods earns the No. 1 rank among its peers in the Food-Confectionery industry group. Hershey (HSY) and Mondelez Intl Inc (MDLZ) are also among the group’s highest-rated stocks.


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