Datadog saw its IBD SmartSelect Composite Rating rise to 97 Thursday, up from 93 the day before.
The new rating shows the stock is outpacing 97% of all stocks when it comes to the most important stock-picking criteria.
Datadog is currently forming a consolidation, with a 138.61 entry. See if the stock can break out in volume at least 40% higher than normal.
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The stock sports a 94 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 94% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q3, the company reported 2% EPS growth. Top line growth came in at 26%, down from 27% in the previous quarter.
Datadog earns the No. 7 rank among its peers in the Computer Software-Enterprise industry group. Samsara, ServiceNow and Palantir Technologies are among the top 5 highly-rated stocks within the group.
