Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

IBD Rating Upgrades: Box Cl A Shows Improved Price Strength

Box Cl A had its Relative Strength (RS) Rating upgraded from 68 to 75 Thursday — a welcome improvement, but still shy of the 80 or better score you look for.

This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history reveals that the best-performing stocks often have an RS Rating north of 80 as they launch their largest climbs. See if Box Cl A can continue to show renewed price strength and hit that benchmark.

How To Invest In Stocks In Both Bull And Bear Markets

Box Cl A is not currently near a potential buy zone. See if the stock goes on to build a base that could launch a new move.

Earnings grew 25% last quarter, up from 22% in the prior report. Revenue also increased, from 3% to 5%.

The company holds the No. 10 rank among its peers in the Computer Software-Database industry group. Commvault Systems, Confluent and Similarweb are among the top 5 highly rated stocks within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.