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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Doximity Sees Its Composite Rating Rise To 96

On Friday, Doximity got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96.

The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.

Doximity is now out of buy range after breaking out from a 30.50 entry in a cup with handle.

Lean How — And When — To Sell Stocks

The stock earns a 99 EPS Rating, meaning 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.

The company reported 36% earnings growth for Q2. Top line growth increased 20%, up from 17% in the prior quarter. That marks two quarters of rising growth.

Doximity holds the No. 1 rank among its peers in the Computer Software-Medical industry group. Veeva Systems Cl A and Waystar Holding are also among the group's highest-rated stocks.

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