Vicor saw an improvement in its IBD SmartSelect Composite Rating Thursday, from 91 to 97. And also to its Relative Strength rating.
The new rating shows the stock is outpacing 97% of all stocks when it comes to the most important stock-picking criteria. The top-performing stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Vicor is now out of buy range after breaking out from a 62.00 buy point in a consolidation.
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The stock sports a 95 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 95% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
VICR Earnings
The company posted a 58% increase in earnings for Q2. Top line growth came in at 4%, down from 11% in the previous quarter.
Vicor earns the No. 4 rank among its peers in the Electronics-Parts industry group. Bel Fuse A is the top-ranked stock within the group.
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