The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The market’s biggest winners often have a 95 or higher rating in the early stages of a new price run, so that’s an important benchmark to look for when looking for the best stocks to buy and watch.
Asbury Automotive is currently extended beyond a proper buy zone after clearing the 112.52 buy point in a double bottom.
The stock has a 98 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 98% of all stocks.
Its Accumulation/Distribution Rating of C- shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q1, the company reported 160% earnings-per-share growth. That means it’s now generated four straight quarters of rising EPS gains. Top line growth increased 36%, up from 18% in the prior report. That marks three quarters of increasing revenue gains.
Asbury Automotive holds the No. 3 rank among its peers in the Retail/Wholesale-Auto Parts industry group. America’s Car-Mart (CRMT) is the top-ranked stock within the group.
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