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Lithia Motors Joins Elite List Of Stocks With 95-Plus Composite Rating

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Lithia Motors ( LAD ) saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 93 the day before.

[ibd-display-video id=2881825 width=50 float=left autostart=true] The revised score 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 begin to launch a significant move.

Lithia Motors broke out earlier, but has fallen back below the prior 123.60 entry from a flat base . In the scenario where a stock breaks out then falls 7% or more below the entry price, it's considered a failed breakout. If that happens, it's best to wait for a new pattern to take shape.

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The stock sports an 88 EPS Rating, meaning its recent quarterly and annual earnings growth tops 88% of all stocks.

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

The company posted a 6% EPS gain for Q3. Revenue growth increased 19%, up from 16% in the prior report. The company has now posted rising growth in each of the last two reports.

Lithia Motors holds the No. 1 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Kar Auction Services ( KAR ) and Rush Enterprises ( RUSHB ) 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.


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

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