Banking

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.




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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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