When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Unity Software just met that criteria with a new score of 86.
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an 80 or higher RS Rating as they launch their biggest runs.
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Unity Software has risen more than 5% past a 23.40 entry in a first-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Unity Software posted 0% EPS growth in its most recent report. Sales gains came in at -18%.
The company earns the No. 11 rank among its peers in the Computer Software-Design industry group. Cadence Design Systems, Synopsys and Autodesk are among the top 5 highly rated stocks within the group.
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