On Friday, HubSpot got an upgrade for its IBD SmartSelect Composite Rating from 94 to 97.
The new score means the company is now outperforming 97% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
HubSpot is currently forming a cup without handle, with a 693.85 buy point. Look for the stock to break out in heavy trade at least 40% higher than normal.
Looking For The Best Stocks To Buy And Watch? Start Here
The stock sports 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 A- shows heavy buying by institutional investors over the last 13 weeks.
In Q3, the company reported 35% earnings-per-share growth. Top line growth was flat, matching the prior quarter's 20%.
HubSpot earns the No. 4 rank among its peers in the Computer Software-Special Enterprise industry group. AppLovin is the No. 1-ranked stock within the group.
