The Relative Strength (RS) Rating for CrowdStrike Holdings entered a new percentile Tuesday, with a rise from 80 to 83. With today's market conditions it may not keep that high setting.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating of at least 80 in the early stages of their moves.
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While the stock is not near a proper buying range right now, it has recently cleared several key moving averages. Now we wait to see if it is able to form and break out of a proper base. Preferably in higher than normal volume.
CRWD Earnings Preview
CrowdStrike Holdings showed 57% earnings growth last quarter. Sales gains came in at 48%. The company is expected to report its latest numbers on or around May 31.
CrowdStrike Holdings holds the No. 3 rank among its peers in the Computer Software-Security industry group. Palo Alto Networks is also among the group's highest-rated stocks.
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