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Camtek Stock Joins Elite List Of Stocks With 95-Plus Composite Rating; Nears Buy Point

On Monday, Camtek (CAMT) got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The Israeli maker of electronic inspection and metrology measuring devices has a 91 Relative Strength Rating.




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The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.

Camtek stock has been trading in an ascending base pattern the past three months. The stock has rallied above its 50-day moving average the past two trading days and closing in on a 35.24 buy point.  Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

 


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Camtek stock sports a 96 EPS Rating, which means its recent quarterly and annual earnings growth tops 96% 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.

Camtek Has Robust Financials

In Q1, the Israeli company posted 267% EPS growth. That marks four straight quarters of rising EPS growth. Top line growth climbed 90%, up from 46% in the prior report. The company has now posted accelerating growth in each of the last four reports. Check out “Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks.”

Camtek stock holds the No. 1 rank among its peers in the Electronics-Scientific Measuring industry group. Luna Innovations (LUNA) and Keysight Technologies (KEYS) are also among the group’s highest-rated stocks.

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