Interactive Brokers saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 94 the day before.
The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
Interactive Brokers is not currently near a proper buy zone. Look for the stock to form and break out of a new chart pattern.
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The stock has a 97 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 97% of all stocks.
Its Accumulation/Distribution Rating of E shows heavy selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
The company posted a 34% earnings-per-share gain for Q4. Top line growth rose 22%, up from 19% in the prior quarter. That marks one quarter of increasing revenue increases.
Interactive Brokers earns the No. 6 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and Robinhood Markets are among the top 5 highly-rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
