On Wednesday, Archrock got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96.
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
Archrock is now out of buy range after clearing the 21.87 entry in a cup with handle.
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The stock has a 99 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 99% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q3, the company posted 40% earnings growth. Revenue growth climbed 15%, up from 9% in the prior quarter. That marks one quarter of increasing revenue growth.
Archrock holds the No. 2 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. Chart Industries is the No. 1-ranked stock within the group.
