On Friday, JFrog cleared a noteworthy performance benchmark, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 91, up from 88 the day before.
Here Are 3 Keys For Successful Stock Investing
IBD's proprietary RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against other publicly traded companies.
History shows that the best stocks often have an 80 or better RS Rating at the beginning of a new climb.
While the stock is not near a proper entry right now, see if it is able to form and break out from a proper base.
Earnings-per-share growth fell last quarter from 25% to 20%, but revenue rose from 22% to 23%.
JFrog earns the No. 3 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies is the top-ranked stock 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.
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