Nutanix Cl A saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 65 to 71.
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating of at least 80 as they begin their largest climbs. See if Nutanix Cl A can continue to show renewed price strength and clear that threshold.
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Nutanix Cl A is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could launch a new move.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 13% to 45%. Revenue rose from 11% to 16%.
The company earns the No. 49 rank among its peers in the Computer Software-Enterprise industry group. Klaviyo, Cloudflare and ServiceNow are among the top 5 highly rated stocks within the group.
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