When putting together your watch list, look for stocks with an 80 or higher RS Rating. A10 Networks just cleared that benchmark with an upgrade from 80 to 84.
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This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating 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 stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves.
A10 Networks is working on a cup with handle with an 18.48 buy point. See if the stock can break out in volume at least 40% above average.
Earnings-per-share growth decreased last quarter from 24% to 18%, but revenue rose from 5% to 9%.
A10 Networks holds the No. 15 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Cloudflare and Shopify are among the top 5 highly rated stocks 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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