ZTO Express (ZTO) saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 92 the day before.
X The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The best stocks tend to have a 95 or better grade as they launch a significant move.
ZTO Express is currently forming a cup without handle, with an 18.18 entry. Look for the stock to break out in heavy trade at least 40% above average.
Looking For Winning Stocks? Try This Simple Routine
The stock has an 80 EPS Rating, meaning its recent quarterly and annual earnings growth tops 80% 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.
In Q3, the company posted 0% earnings growth. Top line growth increased 34%, up from 27% in the prior report. The company has now posted rising growth in each of the last two quarters.
ZTO Express holds the No. 1 rank among its peers in the Transportation-Logistics industry group. Expeditors International (EXPD) and Schneider National (SNDR) are also among the group's highest-rated stocks.
RELATED:
