Delving into NASDAQ:ODD's Growth Prospects.

In this article we will dive into ODDITY TECH LTD-CL A (NASDAQ:ODD) as a possible candidate for growth investing. Investors should always do their own research, but we noticed ODDITY TECH LTD-CL A showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Some of the canslim metrics of NASDAQ:ODD highlighted

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), ODDITY TECH LTD-CL A highlights its ability to generate increasing profitability, showcasing a 52.38% growth.
• ODDITY TECH LTD-CL A has demonstrated strong q2q revenue growth of 25.96%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• Over the past 3 years, ODDITY TECH LTD-CL A has demonstrated 62.19% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• With a solid Return on Equity (ROE) of 28.14%, ODDITY TECH LTD-CL A exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• ODDITY TECH LTD-CL A has exhibited strong Relative Strength(RS) in recent periods, with a current 76.03 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. ODDITY TECH LTD-CL A shows promising potential for continued price momentum.
• ODDITY TECH LTD-CL A maintains a healthy Debt-to-Equity ratio of 0.0. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• ODDITY TECH LTD-CL A exhibits a favorable ownership structure, with an institutional shareholder ownership of 81.85%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Deciphering the Technical Picture of NASDAQ:ODD

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

We assign a technical rating of 6 out of 10 to ODD. Although ODD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

• The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
• ODD is one of the better performing stocks in the Personal Care Products industry, it outperforms 86% of 37 stocks in the same industry.
• Looking at the yearly performance, ODD did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
• ODD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ODD is lagging the market.
• In the last month ODD has a been trading in the 41.16 - 46.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Check the latest full technical report of ODD for a complete technical analysis.

Fundamental analysis of NASDAQ:ODD

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to ODD. ODD was compared to 37 industry peers in the Personal Care Products industry. ODD gets an excellent profitability rating and is at the same time showing great financial health properties. ODD is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make ODD a good candidate for growth and quality investing.

For an up to date full fundamental analysis you can check the fundamental report of ODD

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.