One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Hewlett Packard Ent cleared that benchmark Friday, with a jump from 76 to 81 Friday.
Looking For The Best Stocks To Buy And Watch? Start Here
IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest runs.
Hewlett Packard Ent is not currently near a potential buy zone. See if the stock goes on to build a chart pattern that could ignite a new run.
Hewlett Packard Ent showed -10% EPS growth last quarter. Revenue gains came in at 6%.
Hewlett Packard Ent earns the No. 18 rank among its peers in the Computer-Technical Services industry group. Dave, IBEX and LiveRamp 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
