Commvault Systems saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 93 the day before.
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The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. Winning stocks often have a 95 or higher score in the early stages of a new price run, so that's a good item to have on your checklist when looking for the best stocks to buy and watch.
Commvault Systems is currently forming a flat base, with a 200.69 entry. See if the stock can break out in volume at least 40% above average.
The stock has a 95 EPS Rating, which means its recent quarterly and annual earnings growth tops 95% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q1, the company reported 19% earnings growth. Sales growth climbed 26%, up from 23% in the prior quarter. The company has now posted increasing growth in each of the last five quarters.
Commvault Systems holds the No. 2 rank among its peers in the Computer Software-Database industry group. MongoDB 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.
