On Thursday, United Airlines got an upgrade for its IBD SmartSelect Composite Rating from 91 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. Winning stocks often have a 95 or higher grade in the early stages of a new price run, so that's a good starting point when looking for the best stocks to buy and watch.
United Airlines is currently forming a consolidation, with a 55.14 buy point, and it is currently trading 13% under that entry point. See if the stock can continue moving up and then break out in volume at least 40% above average.
Looking For The Best Stocks To Buy And Watch? Start Here
Earnings Update
One weak spot is the company's 73 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 0% earnings-per-share gain for Q1. Revenue was flat, matching the prior report's 51%.
United Airlines holds the No. 3 rank among its peers in the Transportation-Airline industry group. Copa Holdings is the No. 1-ranked stock within the group.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
