One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Agilysys cleared that benchmark Thursday, with a jump from 77 to 81 Thursday.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best stocks typically have an RS Rating of over 80 as they begin their biggest climbs.
While it's not currently an ideal time to invest, see if the stock manages to offer and clear an appropriate buy point.
Earnings grew 69% last quarter, up from 9% in the prior report. Revenue also increased, from 15% to 19%.
Agilysys earns the No. 1 rank among its peers in the Computer-Integrated Systems industry group. Par Technology and Rigetti Computing 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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