The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher rating 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.
Noah is currently extended beyond a proper buy zone after breaking out from a 36.47 buy point in a cup with handle. Be aware that it is a thinly traded stock, with average daily dollar volume under $8 million.
The stock earns a 90 EPS Rating, which means its recent quarterly and annual earnings growth tops 90% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
The company posted a 76% rise in earnings for Q1. Sales growth increased 77%, up from 29% in the prior quarter. The company has now posted increasing growth in each of the last four quarters.
Noah earns the No. 13 rank among its peers in the Finance-Investment Management industry group. Ares Management (ARES), Blackstone (BX) and The Carlyle Group Inc (CG) are among the top 5 highly-rated stocks within the group.
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