One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Extreme Networks just hit that mark, with a jump from 78 to 86 Tuesday.
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This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating north of 80 as they begin their biggest climbs.
Extreme Networks is building a consolidation with a 19.24 buy point. See if it can clear the breakout price in heavy volume.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 0%, compared to -13% in the prior report. Revenue increased from -6% to 35%.
The company earns the No. 1 rank among its peers in the Computer-Networking industry group. Radware and Arista Networks are also among the group's highest-rated stocks.
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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