[ibd-display-video id=2385970 width=50 float=left autostart=true] The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The top-performing stocks tend to have a 95 or better grade as they launch a significant move.
Westlake Chemical is now out of buy range after clearing the 68.18 buy point in a flat base.
One weak spot is the company's 79 EPS Rating, which tracks quarterly and annual earnings-per-share 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 B shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 78% earnings gain for Q3. Sales growth came in at 65%, down from 82% in the prior quarter.