Teradyne Joins Elite List Of Stocks With 95-Plus Composite Rating

The IBD SmartSelect Composite Rating for Teradyne (TER) increased from 93 to 96 Thursday.


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 start a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.

Teradyne is currently forming a consolidation, with a 148.00 buy point. Look for the stock to break out in volume at least 40% above average.

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The stock earns a 95 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 95% 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 25% increase in earnings for Q4. Sales growth fell to 16%, down from 41% in the prior quarter. The company’s next quarterly report is expected on or around Apr. 21.

Teradyne earns the No. 18 rank among its peers in the Electronics-Semiconductor Equipment industry group. Applied Materials (AMAT), ASML Hldgs (ASML) and Brooks Automation (BRKS) are among the top 5 highly-rated stocks within the group.


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