When building your watch list, focus on stocks with an 80 or higher RS Rating. Global-E Online is one stock that just reached the mark, now earning a score of 87.
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 movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their biggest price moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
Global-E Online is now considered extended and out of buy range after clearing a 34.82 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The company posted 0% EPS growth in the latest quarterly report. Sales increased 26%.
Global-E Online holds the No. 47 rank among its peers in the Computer Software-Enterprise industry group. ServiceNow, Palantir Technologies and Shopify Cl A are among the top 5 highly rated stocks within the group.
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