If you’re trying to find top stocks, look for IBD Ratings above 90. Today, only two stocks have best-possible Composite, EPS and Relative Strength Ratings of 99 — an extremely rare occurrence.

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Each rating compares the stock with others in our database and assigns scores relative to the rest of the database. The EPS Rating compares a stock’s current and annual earnings with those of other stocks. The Relative Strength Rating compares the stock’s price performance over 52 weeks with other stocks in the database.

The Composite Rating combines those two ratings plus the Accumulation/Distribution, industry group strength and SMR Ratings. The stock’s percentage off its 52-week high is also a factor that influences the Composite Rating.

It’s rare for any stock to achieve 99s in two ratings, let alone three.

GigaCloud Technology (GCT) is one of them. The stock is in the IBD 50 list of growth stocks. Shares climbed to new highs at 18.60 last week, in what may be considered a deep cup base.

Sales growth ranged from 11% to 39% over the past eight quarters. Earnings have grown over the past five quarters after a series of declining profits.

For the third quarter, sales grew 39% to $178.2 million. Earnings growth was more impressive. EPS of 59 cents surged from 2 cents in the prior year’s quarter. GigaCloud went public in August 2022 at 12.25 a share. The company provides a platform for payments and other transactions for businesses.

Top Stocks: M-Tron Nears 52-Week High

The other stock is also a recent new issue. M-Tron Industries (MPTI) is in a base with a buy point of 39.77, according to IBD MarketSmith. The buy point is also the stock’s 52-week high.

Sales growth ranged from 10% to 44% in the past seven quarters, while earnings growth over the two most recent quarters was impressive. Third-quarter earnings per share of 57 cents showed 200% growth; Q2 EPS jumped 161%.

M-Tron went public in October 2022. M-Tron makes radio frequency components used in radars, computers, servers and communication technologies.

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