The Relative Strength (RS) Rating for Nutanix Cl A moved into a higher percentile Tuesday, as it got a lift from 69 to 75.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating of over 80 as they launch their largest runs. See if Nutanix Cl A can continue to show renewed price strength and clear that threshold.
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Nutanix Cl A is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could launch a new move.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 13% to 45%. Revenue rose from 11% to 16%.
The company earns the No. 56 rank among its peers in the Computer Software-Enterprise industry group. ServiceNow, Palantir Technologies and Paycor HCM are among the top 5 highly rated stocks within the group.
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