On Friday, Workiva Cl A earned an upgrade to its Relative Strength (RS) Rating, from 70 to 73.
Can You Really Time The Stock Market?
IBD's unique RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an RS Rating of at least 80 as they launch their biggest runs. See if Workiva Cl A can continue to rebound and clear that threshold.
While it's not currently an ideal time to invest, see if the stock goes on to establish and enter a buying range in heavy volume.
Earnings grew 19% last quarter, up from -36% in the prior report. Revenue also increased, from 17% to 21%. Look for the next report on or around Nov. 5.
The company earns the No. 16 rank among its peers in the Computer Software-Database industry group. MongoDB, Commvault Systems and Varonis Systems 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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