Why NYSE:WHD qualifies as a CANSLIM stock.

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

Why NYSE:WHD may be interesting for canslim investors.

• CACTUS INC - A has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 42.11% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• The q2q revenue growth of 46.36% of CACTUS INC - A highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• Over the past 3 years, CACTUS INC - A has demonstrated 62.51% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• The Return on Equity(ROE) of CACTUS INC - A is 19.55%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• CACTUS INC - A has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 76.73 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. CACTUS INC - A is well-positioned for potential price growth opportunities.
• Maintaining a Debt-to-Equity ratio of 0.01, CACTUS INC - A demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With 83.27% of the total shares held by institutional investors, CACTUS INC - A showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Deciphering the Technical Picture of NYSE:WHD

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Overall WHD gets a technical rating of 8 out of 10. WHD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, WHD did better than 76% of all other stocks.
• WHD is an average performer in the Energy Equipment & Services industry, it outperforms 60% of 66 stocks in the same industry.
• WHD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WHD is lagging the market.
• In the last month WHD has a been trading in the 42.52 - 51.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of WHD contains the most current technical analsysis.

Fundamental analysis of NYSE:WHD

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Overall WHD gets a fundamental rating of 7 out of 10. We evaluated WHD against 66 industry peers in the Energy Equipment & Services industry. WHD has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. WHD is not valued too expensively and it also shows a decent growth rate. These ratings could make WHD a good candidate for quality investing.

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

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

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.