The IBD SmartSelect Composite Rating for Dave increased from 93 to 97 Wednesday.
The upgrade means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength. The top-performing stocks tend to have a 95 or better grade as they begin to launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Dave is now out of buy range after clearing the 43.99 entry in a consolidation.
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The stock sports an 81 EPS Rating, which means its recent quarterly and annual earnings growth tops 81% 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.
The company reported 0% EPS growth for Q3. Top line growth rose 41%, up from 31% in the prior report. That marks four consecutive reports with rising growth.
Dave earns the No. 2 rank among its peers in the Computer-Technical Services industry group. GitLab Cl A is the No. 1-ranked stock within the group.
