Raymond James Financial Joins Rank Of Stocks With 95-Plus Composite Rating

On Monday morning, Raymond James Financial (RJF) got an upgrade for its IBD SmartSelect Composite Rating from 92 to 97.


The new rating is a sign the stock is outpacing 97% of all stocks when it comes to the most important stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.

Raymond James Financial is currently in the buy zone of a Flat Base according to a Marketsmith chart. It has been a little choppy recently, moving with the overall market.

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The stock sports a 93 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 93% of all stocks.

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

In Q3, the company reported 123% earnings-per-share growth. That marks five straight reports with rising EPS growth. Revenue growth increased 34%, up from 14% in the prior report. The company has now posted accelerating growth in each of the last four quarters.

Raymond James Financial earns the No. 4 rank among its peers in the Finance-Investment Banking/Brokers industry group. Jefferies Financial Grp (JEF) is the top-ranked stock within the group.


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