The Relative Strength (RS) Rating for CrowdStrike Holdings stock climbed into a new percentile Monday, as it got a lift from 68 to 71.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if CrowdStrike Holdings stock can continue to show renewed price strength and hit that benchmark.
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Is CrowdStrike Holdings Stock A Buy?
CrowdStrike Holdings stock is building a flat base with a 162.25 buy point. See if the stock can break out in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
While sales growth fell last quarter from 48% to 42%, the bottom line grew 84%, up from 57% in the prior report.
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.
