Telos Shows Rising Price Performance With Jump To 84 RS Rating
When looking for the best stocks to buy and watch, focus on those with rising relative price strength.
One stock that fits that bill is Telos, which had its Relative Strength (RS) Rating upgraded from 76 to 84 Tuesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating of at least 80 as they begin their biggest climbs.
Telos is building a consolidation with a 39.55 entry. See if it can break out in heavy trading.
Earnings growth picked up last quarter from 0% to 300%. But sales fell from 43% to 8%.
Telos earns the No. 17 rank among its peers in the Computer Software-Security industry group. Zscaler and Mimecast are also among the group's highest-rated stocks.