Assuming you’re attempting to track down top stocks, search for IBD Appraisals over 90. Today, the best-possible Composite, EPS, and Relative Strength Ratings of 99 or higher are only found in two stocks, which is extremely unusual.
Each appraising contrasts the stock and others in our data set and allots scores comparative with the remainder of the data set. The EPS Rating looks at a stock’s current and yearly income with those of different stocks. The General Strength Rating looks at the stock’s cost exhibition north of 52 weeks with different stocks in the data set.
The Composite Rating consolidates those two appraisals in addition to the Amassing/Appropriation, industry bunch strength and SMR Evaluations. The stock’s rate off its 52-week high is likewise an element that impacts the Composite Rating.