Linear stability of inviscid, parallel, and stably stratified shear flow is studied under the assumption of smooth strictly monotonic profiles of shear flow and density, so that the local Richardson number is positive everywhere. The marginally unstable modes are systematically found by solving a one-parameter family of regular Sturm-Liouville problems, which can determine the stability boundaries more efficiently than solving the Taylor-Goldstein equation directly.By arguing for the non-existence of a marginally unstable mode, we derive new sufficient conditions for stability, which generalize the Rayleigh-Fjørtoft criterion for unstratified shear flows.