Trade-Ideas LLC identified

Mettler-Toledo International

(

MTD

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Mettler-Toledo International as such a stock due to the following factors:

  • MTD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $43.0 million.
  • MTD has traded 13.3284000000000002472688720445148646831512451171875 options contracts today.
  • MTD is making at least a new 3-day high.
  • MTD has a PE ratio of 31.
  • MTD is mentioned 0.74 times per day on StockTwits.
  • MTD has not yet been mentioned on StockTwits today.
  • MTD is currently in the upper 20% of its 1-year range.
  • MTD is in the upper 35% of its 20-day range.
  • MTD is in the upper 45% of its 5-day range.
  • MTD is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on MTD:

Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. MTD has a PE ratio of 31. Currently there are no analysts that rate Mettler-Toledo International a buy, no analysts rate it a sell, and 8 rate it a hold.

The average volume for Mettler-Toledo International has been 174,900 shares per day over the past 30 days. Mettler-Toledo International has a market cap of $10.4 billion and is part of the health care sector and health services industry. The stock has a beta of 1.01 and a short float of 5.7% with 13.42 days to cover. Shares are up 15.3% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Mettler-Toledo International as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:

  • The stock has not only risen over the past year, it has done so at a faster pace than the S&P 500, reflecting the earnings growth and other positive factors similar to those we have cited here. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • METTLER-TOLEDO INTL INC has improved earnings per share by 9.6% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, METTLER-TOLEDO INTL INC increased its bottom line by earning $12.52 versus $11.48 in the prior year. This year, the market expects an improvement in earnings ($14.31 versus $12.52).
  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Life Sciences Tools & Services industry average. The net income increased by 4.2% when compared to the same quarter one year prior, going from $63.05 million to $65.67 million.
  • MTD's revenue growth trails the industry average of 12.0%. Since the same quarter one year prior, revenues slightly increased by 0.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Life Sciences Tools & Services industry and the overall market, METTLER-TOLEDO INTL INC's return on equity significantly exceeds that of both the industry average and the S&P 500.

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