Warrior Met Coal ( HCC ) saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 90 to 96.
[ibd-display-video id=2881825 width=50 float=left autostart=true] The upgrade means the stock is now outperforming 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.
Warrior Met Coal is not currently near a proper buy zone. See if the stock goes on to form a new base and offer a new buying opportunity.
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The stock has an 81 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 81% 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 498% earnings-per-share growth. Top line growth increased 490%, up from 297% in the prior report. The company has now posted accelerating growth in each of the last four reports.
Warrior Met Coal holds the No. 1 rank among its peers in the Energy-Coal industry group. Arch Coal ( ARCH ) and Peabody Energy ( BTU ) 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.
