Rapid7 had its Relative Strength (RS) Rating upgraded from 64 to 75 Friday -- a welcome improvement, but still short of the 80 or better score you prefer to see.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves. See if Rapid7 can continue to show renewed price strength and clear that threshold.
See How IBD Helps You Make More Money In Stocks
Rapid7 is trying to complete a cup without handle with a 55.71 entry. The stock has recently cleared key moving averages. Now let's see if it can clear the breakout price in volume at least 40% higher than normal.
Earnings Preview
The company reported 0% EPS growth last quarter, while sales growth came in at 22%. Look for the next report on or around May 9.
The company earns the No. 10 rank among its peers in the Computer Software-Security industry group. Palo Alto Networks and Qualys are also among the group's highest-rated stocks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
