Squarespace stock saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, rising from 85 to 93.
When looking for 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 market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves.
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Is Squarespace Stock A Buy?
Now is not an ideal time to jump in Squarespace stock since it isn't near a proper buy zone, but see if the stock manages to establish and enter a buy zone in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth decreased last quarter from 75% to 0%. But revenue moved higher, from 8% to 10%.
Squarespace stock holds the No. 51 rank among its peers in the Computer Software-Enterprise industry group. Model N, Asure Software and Salesforce are among the top 5 highly rated stocks within the group.
