DXC Technology Earns Relative Strength Rating Upgrade; Hits Key Threshold
When putting together your watch list, focus on stocks with an 80 or higher RS Rating. DXC Technology is one stock that just reached the mark, now earning a score of 84.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an 80 or higher RS Rating as they begin their biggest runs.
While now is not an ideal time to jump in, see if the stock goes on to establish and enter a buying range in heavy trade.
Earnings grew 300% last quarter, up from -38% in the prior report. Revenue also increased, from -9% to -8%.
DXC Technology earns the No. 26 rank among its peers in the Computer-Technical Services industry group. Epam Systems and Globant are also among the group's highest-rated stocks.