Deckers Outdoor saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 92 the day before.
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. Winning stocks often have a 95 or higher grade in the early stages of a new price run, so that's a good item to have on your checklist when looking for the best stocks to buy and watch.
Deckers Outdoor is not currently near a proper entry. See if the stock goes on to form a new base and offer a new buying opportunity.
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The stock sports a 94 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 94% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks. It has cleared key moving averages with today's gap up in price.
Earnings Report
The company reported a -3% earnings-per-share gain for Q1. Revenue growth fell to 22%, down from 31% in the prior quarter.
Deckers Outdoor earns the No. 2 rank among its peers in the Apparel-Shoes & Related industry group. Crocs is the No. 1-ranked stock within the group.
