Stocks With Rising Composite Ratings: Lazydays Holdings

The IBD SmartSelect Composite Rating for Lazydays Holdings (LAZY) increased from 94 to 97 Thursday.


The revised score means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.

Lazydays Holdings is currently forming a double bottom, with a 25.65 entry. Look for the stock to break out in heavy trade at least 40% higher than normal. Be aware that it’s a thinly traded stock, with average daily dollar volume under $8 million. Less liquid stocks are more prone to volatile action since it takes fewer shares traded to move the share price significantly.

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One weak spot is the company’s 72 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 A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.

In Q2, the company posted 384% EPS growth. Top line growth climbed 51%, up from 42% in the prior quarter. That marks two consecutive reports with increasing revenue gains.

Lazydays Holdings holds the No. 3 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Autonation (AN) is the No. 1-ranked stock within the group.


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