Mindtree Ltd, has given one of the best results of this season. A 35.40% sales growth, 114.90% profit growth and 115.85% EPS growth in comparison to the same quarter of the previous year. This is by far one of the best results at times of pressure build up in the economy. MINDTREE has gained an EPS rank of 89.43 which means that, 89% of companies tracked in our BTT index are performing lower than MINDTREE in EPS growth. Top 20% of the companies that have a good performance growth record always rule the markets and so, is this stock now. It's Price Relative Strength ranking is 94.33, which puts this stock on the top 10% list.
This stock has been a regular in our Ready To Take off Listing as, the stock has been traversing new high's regularly. Traders can place this stock on their watch list for a consolidation and break out of pivot to go long for a good profit potential. This stock also lists in our Big Money Channel selection, which means the stock is attracting good volumes too.
As every result season begins, it bring new opportunities in the market with the best performing stocks list getting replaced with new entrants, while the existing ones almost always get out with their level of profit booking as they breach supports. Trading opportunities in the best performing stocks always gives us an edge and provides us the opportunity to outperform the broader markets.
No comments:
Post a Comment