When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Five9 stock just met that criteria with a new score of 81.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique RS Rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or better RS Rating as they launch their biggest price moves.
Looking For Winning Stocks? Try This Simple Routine
Is Five9 Stock A Buy?
Five9 stock is trying to complete a consolidation with a 92.40 entry. See if the computer software stock can clear the breakout price in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The computer software company posted 33% EPS growth in the latest quarterly report, while sales growth came in at 16%. The company is expected to report its latest numbers on or around Feb. 21.
Five9 stock earns 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.
