monday.com had its Relative Strength (RS) Rating upgraded from 77 to 82 Thursday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 as they begin their biggest runs.
While the stock is not near a proper buying range right now, see if it is able to form and break out from a proper chart pattern.
Earnings growth increased last quarter from 33% to 66%. But revenue gains fell from 33% to 32%. The next quarterly numbers are expected on or around May 12.
monday.com earns the No. 11 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Shopify and Paycom Software 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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