Top-Rated Stocks: Onewater Marine Sees Composite Rating Climb To 98

Onewater Marine (ONEW) saw its IBD SmartSelect Composite Rating jump to 98 Monday, up from 94 the day before.


The new score tells you the company is now outperforming 98% of all stocks in terms of the most important fundamental and technical stock-picking criteria.

Onewater Marine is currently forming a consolidation, with a 54.48 buy point. See if the stock can break out in heavy trade at least 40% higher than normal. Be aware that it is a thinly traded stock, with average daily dollar volume under $8 million. Less liquid stocks are more prone to volatile action since it takes fewer shares traded to move the share price significantly.

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The stock sports a 93 EPS Rating, which means its recent quarterly and annual earnings growth tops 93% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

The company posted a 29% increase in earnings for Q3. Top line growth fell to -1%, down from 74% in the prior quarter.

Onewater Marine earns the No. 3 rank among its peers in the Retail-Leisure Products industry group. Hibbett (HIBB) is the top-ranked stock within the group.


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