One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Klaviyo now clears that threshold, with a jump from 78 to 82 Tuesday.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history 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.
While the stock is not near an ideal buy zone right now, see if it goes on to form and break out from a proper chart pattern.
Earnings growth increased last quarter from -22% to 8%. But sales fell from 34% to 33%.
The company holds the No. 42 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Cloudflare and Freshworks Cl A 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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