[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 start a significant move.
Interxion is now out of buy range after breaking out from a 38.95 entry in a cup without handle.
One weak spot is the company's 79 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% 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 38% earnings-per-share growth. It has now posted accelerating EPS increases for three consecutive quarters. Revenue growth increased 25%, up from 19% in the prior report. That marks two consecutive reports with rising growth.