The Relative Strength (RS) Rating for ZoomInfo Technologies stock entered a new percentile Thursday, with an increase from 72 to 83.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against the rest of the market.
Over 100 years of market history shows that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest climbs.
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Is ZoomInfo Technologies Stock A Buy?
ZoomInfo Technologies stock is working on a cup without handle with a 51.96 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth rose last quarter from 38% to 50%. But revenue gains fell from 58% to 54%. The next quarterly results are expected on or around Nov. 1.
ZoomInfo Technologies stock holds the No. 4 rank among its peers in the Computer Software-Enterprise industry group. Paylocity and Aspen Technology are also among the group's highest-rated stocks.
