When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. A10 Networks is one stock that just reached the mark, now earning a score of 81.
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IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating in the early stages of their moves.
A10 Networks is working on a cup with handle with a 20.28 buy point. See if the stock can break out in heavy volume.
While EPS growth dropped in the company's most recently reported quarter from 18% to 17%, sales rose 15%, up from 9% in the previous report.
The company earns the No. 2 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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