Twilio stock had its Relative Strength (RS) Rating upgraded from 66 to 80 Monday.
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 share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating north of 80 as they begin their biggest climbs.
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Is Twilio Stock A Buy?
Twilio stock retook its 200-day moving average from the bottom of its base. Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to form a chart pattern and break out. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The software enterprise firm showed 0% earnings growth last quarter. Revenue gains came in at 22%.
Twilio stock earns the No. 43 rank among its peers in the Computer Software-Enterprise industry group. Asure Software and Workday are also among the group's highest-rated stocks.
