Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Phreesia Joins Rank Of Stocks With RS Ratings Over 90

Phreesia saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 88 to 91.

As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength. IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against 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 RS Rating north of 80 at the beginning of a new climb.

Looking For The Best Stocks To Buy And Watch? Start Here

Phreesia is not currently offering a proper buying opportunity. See if the stock goes on to build a promising consolidation that could spark a new run.

While the company's bottom line growth dropped last quarter from 0% to -182%, the top line grew 46%, up from 45% in the previous report.

Phreesia holds the No. 12 rank among its peers in the Computer Software-Medical industry group. Doximity, Inovalon and Optimizerx are among the top 5 highly rated stocks within the group.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.