When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Oracle stock just met that criteria with a new score of 81.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves.
See How IBD Helps You Make More Money In Stocks
Is Oracle Stock A Buy?
Oracle stock has been rallying the last three months and etching the right side of a wide consolidation. While now is not an ideal time to invest, see if the stock manages to offer and clear a proper buy point. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The computer software database firm posted 0% EPS growth in the latest quarterly report. Revenue increased 18%.
Oracle stock earns the No. 4 rank among its peers in the Computer Software-Database industry group. CommVault Systems and Dropbox are also among the group's highest-rated stocks.
