Gen Digital saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 68 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest runs. See if Gen Digital can continue to show renewed price strength and hit that benchmark.
While it's not currently an ideal time to buy shares, see if the stock manages to establish and enter a buying range in heavy volume.
Earnings growth fell in the most recent quarter from 14% to 13%. But revenue moved higher, from 4% to 5%. Look for the next report on or around Aug. 7.
Gen Digital earns the No. 5 rank among its peers in the Computer Software-Security industry group. Zscaler 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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