Akamai Technologies had its Relative Strength (RS) Rating upgraded from 68 to 73 Friday -- a welcome improvement, but still shy of the 80 or higher score you prefer to see.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Akamai Technologies can continue to rebound and hit that benchmark.
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While it's not currently an ideal time to jump in, as it took a hit after the recent earnings release. See if the stock goes on to establish and enter a new buy zone in heavy trade.
AKAM Earnings
The company posted 23% EPS growth last quarter, while sales growth came in at 7%.
Akamai Technologies earns the No. 36 rank among its peers in the Computer Software-Enterprise industry group. Datadog and ServiceNow are also among the group's highest-rated stocks.
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