The Relative Strength (RS) Rating for HubSpot climbed into a higher percentile Monday, as it got a lift from 63 to 72.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating as they launch their biggest price moves. See if HubSpot can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
While now is not an ideal time to buy shares, see if the stock manages to form a base and break out.
While sales growth fell last quarter from 23% to 20%, earnings-per-share grew 41%, up from 38% in the previous report. Look for the next report on or around Nov. 6.
The company holds the No. 5 rank among its peers in the Computer Software-Special Enterprise industry group. AppLovin is the No. 1-ranked stock within the group.
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