When looking for the best stocks to buy and watch, focus on those with rising relative price strength.
One stock that fits that bill is Five9 stock, which had its Relative Strength (RS) Rating upgraded from 79 to 82 Wednesday.
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 identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves.
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Is Five9 Stock A Buy?
Five9 stock has risen more than 5% past a 75.69 entry in a second-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The call center software company showed 33% earnings growth in its most recent report, while sales growth came in at 16%.
Five9 stock holds the No. 8 rank among its peers in the Computer Software-Enterprise industry group. JFrog and Cloudflare are also among the group's highest-rated stocks.
