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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Martin Marietta Stock Gets A Composite Rating Upgrade

On Thursday, Martin Marietta stock got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.

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. The top-performing stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.

Martin Marietta stock is currently extended beyond a proper buy zone after breaking out from a 386.73 buy point in a cup without handle.

Looking For The Best Stocks To Buy And Watch? Try These Screens

 

Martin Marietta stock earns a 93 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 93% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

Martin Marietta Builds Earnings Growth

The building material supplier reported 427% earnings growth for Q1. Revenue growth increased 10%, up from -1% in the prior report. That marks one quarter of rising revenue increases.

Martin Marietta stock holds the No. 3 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. U.S. Lime & Minerals is the top-ranked stock within the group.

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