Herc Holdings saw an improvement in its IBD SmartSelect Composite Rating Thursday, from 94 to 96.
The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. 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.
Herc Holdings is now out of buy range after breaking out from a 171.00 entry in a consolidation.
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The stock has an 88 EPS Rating, which means its recent quarterly and annual earnings growth tops 88% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported 9% EPS growth for Q3. Sales were flat, matching the prior quarter's 6%.
Herc Holdings holds the No. 2 rank among its peers in the Commercial Services-Leasing industry group. Willis Lease Finance is the No. 1-ranked stock within the group.
