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Apple stock is riding strong profit gains.

Apple has a 95 earnings per share rating, which is a best-possible 99. Apple has a Relative Strength rating of 86 and a bullish 92.

The quality of a stock’s fundamental and technical metrics is easy to measure with the IBD Composite Rating. The best growth stocks have a rating of 90 or better.

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The company reported a 25% year-over-year jump in earnings per share last quarter. There was an increase in sales to $123.9 billion.

The analyst estimates call for earnings growth of 2% for the quarter and 9% for the year. The annual growth estimates have been revised lower. In the past, Apple has beaten analyst estimates.

No. 1 in its group.

The Telecom-Consumer Products industry group includes Apple stock. Ooma is ranked second in the group. The group is on the list of 197 industry groups.

Apple’s base is a third-stage consolidation, which is riskier than a first- or second-stage formation. It’s less likely that a break out will happen than in earlier stages.

Buying a stock close to earnings is risky, since poor numbers could send it sharply lower. Waiting to see how the company reports and the market reacts can reduce your risk. Another way to reduce the risk of a sell-off is to use options.

The dates for earnings reports are subject to change. The company’s website can be checked for any updates.

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