On Monday, Freshworks stock earned an upgrade to its Relative Strength (RS) Rating, from 66 to 72.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Freshworks stock can continue to rebound and hit that benchmark.
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Freshworks is building a consolidation with an 18.24 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Freshworks stock showed 0.03 EPS last quarter, the second quarter with positive earnings. Revenue rose 20%.
Freshworks earns the No. 21 rank among its peers in the Computer Software-Enterprise industry group. Dynatrace and Manhattan Associates are also among the group's highest-rated stocks.
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