Mosaic stock saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before. The fertilizer stock has 95 Relative Strength Rating.
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. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Mosaic stock is now out of buy range after clearing the 43.34 buy point in a cup without handle.
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Mosaic stock earns an 81 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 81% of all stocks.
Its Accumulation/Distribution Rating of D- shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
In Q1, the company reported 323% earnings-per-share growth. Sales growth increased 71%, up from 56% in the prior quarter. That marks six consecutive reports with rising growth. The company's next quarterly report is expected on or around Aug. 2.
Mosaic stock holds the No. 4 rank among its peers in the Chemicals-Agriculture industry group. CF Industries is the top-ranked stock within the group.
