Qualys saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96.
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The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. Winning stocks often have a 95 or higher score in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
Qualys is currently forming a double bottom, with a 150.58 buy point. See if the stock can break out in heavy trade at least 40% higher than normal.
The stock has a 94 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 94% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 15% rise in earnings for Q1. That means it's now delivered two straight quarters of rising EPS growth. Sales were flat, matching the prior report's 10%.
Qualys earns the No. 6 rank among its peers in the Computer Software-Security industry group. CrowdStrike Holdings, Zscaler and Cognyte Software are among the top 5 highly-rated stocks within the group.
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