Trade-Ideas LLC identified

WD-40

(

WDFC

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified WD-40 as such a stock due to the following factors:

  • WDFC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $6.8 million.
  • WDFC has traded 5.358200000000000073896444519050419330596923828125 options contracts today.
  • WDFC is making at least a new 3-day high.
  • WDFC has a PE ratio of 31.
  • WDFC is mentioned 0.61 times per day on StockTwits.
  • WDFC has not yet been mentioned on StockTwits today.
  • WDFC is currently in the upper 20% of its 1-year range.
  • WDFC is in the upper 35% of its 20-day range.
  • WDFC is in the upper 45% of its 5-day range.
  • WDFC 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.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in WDFC with the Ticky from Trade-Ideas. See the FREE profile for WDFC NOW at Trade-Ideas

More details on WDFC:

WD-40 Company develops and sells maintenance products, and homecare and cleaning products. The stock currently has a dividend yield of 1.7%. WDFC has a PE ratio of 31. Currently there are no analysts that rate WD-40 a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for WD-40 has been 67,500 shares per day over the past 30 days. WD-40 has a market cap of $1.4 billion and is part of the basic materials sector and chemicals industry. The stock has a beta of 0.90 and a short float of 2.5% with 5.42 days to cover. Shares are up 0.4% year-to-date as of the close of trading on Wednesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates WD-40 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, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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. Looking ahead, unless broad bear market conditions prevail, we still see more upside potential for this stock, despite the fact that it has already risen over the past year.
  • WD-40 CO has improved earnings per share by 13.7% 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, WD-40 CO increased its bottom line by earning $3.04 versus $2.87 in the prior year. This year, the market expects an improvement in earnings ($3.36 versus $3.04).
  • The net income growth from the same quarter one year ago has greatly exceeded that of the S&P 500, but is less than that of the Household Products industry average. The net income increased by 11.8% when compared to the same quarter one year prior, going from $10.79 million to $12.06 million.
  • The debt-to-equity ratio is somewhat low, currently at 0.77, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Along with this, the company maintains a quick ratio of 3.35, which clearly demonstrates the ability to cover short-term cash needs.
  • Net operating cash flow has significantly increased by 55.83% to $14.65 million when compared to the same quarter last year. In addition, WD-40 CO has also vastly surpassed the industry average cash flow growth rate of -10.23%.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.