Sprouts Farmers Market Joins Rank Of Stocks With 95-Plus Composite Rating

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Sprouts Farmers Market ( SFM ) saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before.

[ibd-display-video id=2881825 width=50 float=left autostart=true] The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The best stocks tend to have a 95 or better grade as they launch a significant move.

Sprouts Farmers Market is currently forming a consolidation , with a 26.08 entry. Look for the stock to break out in heavy trade at least 40% higher than normal.

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The stock has a 95 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 95% of all stocks.

Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors over the last 13 weeks.

In Q3, the company posted 44% EPS growth. That marks three straight reports with rising EPS growth. Revenue growth rose 16%, up from 15% in the prior report. That marks three consecutive reports with increasing revenue gains.

Sprouts Farmers Market earns the No. 1 rank among its peers in the Retail-Super/Mini Markets industry group. Murphy USA ( MUSA ) and Companhia Brasileira ( CBD ) are also among the group's highest-rated stocks.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: SFM , MUSA , CBD

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