Banking

Wesco Stock Nabs Electrifying Composite Rating

Wesco International (WCC) saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 94 the day before. Is Wesco stock on your radar?

Wesco is an electrical distribution and services company based in Pittsburgh.




X



The upgrade means Wesco stock is now outperforming 96% of all other stocks in terms of key performance metrics and technical strength.

Is Wesco Stock In The Buy Zone?

Wesco stock is trading within the buy zone from a 113.20 entry from a consolidation.


See How IBD Helps You Make More Money In Stocks


Wesco stock earns an 89 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 89% 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 reported earnings growth of 98% for Q2. That marks two straight reports with rising EPS performance. Revenue growth increased by 120%, up from 105% in the prior report. That marks four quarters of rising growth.

Wesco stock earns the No. 3 rank among its peers in the Electronics-Parts industry group. Transcat (TRNS) is the top-ranked stock within the group.

YOU MIGHT ALSO LIKE:

Find The Best Stocks To Buy Using IBD’s Proprietary Watchlists

MarketSmith’s Tools Can Help The Individual Investor

IBD Live: A New Tool For Daily Stock Market Analysis

Profit From Short-Term Trends With SwingTrader

IBD Stock Rating Upgrades: Rising Relative Strength

Most Related Links :
Business News Governmental News Finance News

Source link

Back to top button