On Friday, CrowdStrike Holdings stock received an upgrade to its Relative Strength (RS) Rating, from 65 to 72.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an 80 or better RS Rating in the early stages of their moves. See if CrowdStrike Holdings stock can continue to rebound and hit that benchmark.
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Is CrowdStrike Holdings Stock A Buy?
While it's not currently an ideal time to invest to jump into CrowdStrike Holdings stock, see if the cybersecurity stock goes on to form a consolidation and break out.
Earnings growth picked up last quarter from 57% to 84%. But sales fell from 48% to 42%.
CrowdStrike Holdings stock earns the No. 4 rank among its peers in the Computer Software-Security industry group. Palo Alto Networks and Zscaler are also among the group's highest-rated stocks.