When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. Agilysys now meets that criteria, with an increase from 72 to 81 Thursday.
This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to form a base and break out.
EPS growth fell in the company's most recent report from 67% to 36%, but the top line rose from 13% to 16%.
Agilysys holds the No. 1 rank among its peers in the Computer-Integrated Systems industry group. Diebold Nixdorf and Par Technology are also among the group's highest-rated stocks.
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