LGI Homes Earns Membership In 95-Plus Composite Rating Club

LGI Homes (LGIH) saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, 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 an important benchmark to look for when looking for the best stocks to buy and watch.

LGI Homes Stock is currently extended beyond a proper buy zone after clearing the 125.10 buy point in a cup with handle.

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The stock sports 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 C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.

The company reported a 113% earnings gain for Q2. Revenue growth increased 64%, up from 55% in the prior report. The company has now posted accelerating growth in each of the last four reports.

LGI Homes stock holds the No. 4 rank among its peers in the Building-Residential/Commercial industry group. Century Communities (CCS) is the top-ranked stock within the group.


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