On Monday, CrowdStrike Holdings hit a key performance benchmark, with its Relative Strength (RS) Rating moving into the 80-plus percentile with an improvement to 83, up from 78 the day before.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves.
See This Week's Earnings Calendar
CrowdStrike Holdings is trying to complete a flat base with a 162.25 entry. It briefly reached the entry point today before pulling back slightly. See if it can clear the breakout price convincingly and in heavy trade.
CRWD Earnings
Earnings growth moved up in the company's most recent report from 57% to 84%, but revenue fell from 48% to 42%. The next quarterly results are expected on or around Aug. 30.
CrowdStrike Holdings holds 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.
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