When building your watch list, look for stocks with an 80 or higher RS Rating. Smartsheet stock just met that criteria with a new score of 83.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the top-performing stocks tend to have an 80 or higher RS Rating as they begin their biggest climbs.
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Is Smartsheet Stock A Buy?
Smartsheet stock is in a buying range after clearing a 45.34 buy point in a cup with handle. Once a stock moves 5% or higher beyond the initial entry, it's considered extended and out of buy range.
The enterprise platform software firm showed 78% EPS growth in its most recent report, while sales growth came in at 20%. The company is expected to report its latest numbers on or around Sep. 5.
Smartsheet stock earns the No. 2 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies is the top-ranked stock within the group.
