When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. WhiteFiber is one stock that just reached the mark, now earning a score of 85.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
While now is not an ideal time to jump in, see if the stock goes on to offer and clear an appropriate buy point.
Top and bottom line growth moved higher last quarter. Earnings were up 33%, compared to 0% in the prior report. Revenue increased from 0% to 105%.
WhiteFiber earns the No. 7 rank among its peers in the Computer Software-Database industry group. Varonis Systems, Commvault Systems and Oracle 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.
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