Qualys saw its IBD SmartSelect Composite Rating rise to 96 Friday, up from 94 the day before.
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The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
Qualys is currently forming a double bottom, with a 150.58 entry. See if the stock can break out in heavy trade at least 40% above average.
The stock earns a 94 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 94% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 15% rise in earnings for Q1. That marks two straight reports with rising EPS gains. Revenue was flat, matching the prior report's 10%.
Qualys holds the No. 6 rank among its peers in the Computer Software-Security industry group. Cognyte Software, Zscaler and CrowdStrike Holdings 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.
