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The IBD SmartSelect Composite Rating for Atlanticus Holdings (ATLC) increased from 92 to 96 Monday. The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The top-performing stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch. Atlanticus Holdings is not currently near a proper buy zone. See if the stock goes on to form a new base and offer a new buying opportunity. Understand that it is a thinly traded stock, with average daily dollar volume under $8 million. Such stocks may experience more volatility than those with more liquidity. The stock earns an 86 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 86% of all stocks. Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks. The company reported a 53% increase in earnings for Q2. That means it's now generated four straight quarters of rising EPS gains. Revenue growth increased 25%, up from 19% in the prior quarter. That marks two quarters of increasing revenue gains. The company's next quarterly report is expected on or around Nov. 6. Atlanticus Holdings holds the No. 2 rank among its peers in the Finance-Consumer Loans industry group. SoFi Technologies (SOFI) is the No. 1-ranked stock within the group. This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article. YOU MAY ALSO LIKE
