TopBuild Gets A Composite Rating Upgrade

TopBuild (BLD) saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before.


The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.

TopBuild is trading within the buy zone from a 232.03 entry from a flat base.

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The stock earns a 98 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 98% of all stocks.

Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.

The company posted a 64% rise in earnings for Q2. It has now posted accelerating EPS gains for four consecutive quarters. Sales growth climbed 29%, up from 14% in the prior quarter. That marks four quarters of rising growth. The company’s next quarterly report is expected on or around Nov. 3.

TopBuild holds the No. 4 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Atkore (ATKR) is the No. 1-ranked stock within the group.


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