The Relative Strength (RS) Rating for Workiva climbed into a new percentile Monday, with a rise from 80 to 85.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily tracks price movement 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 reveals that the best-performing stocks often have an 80 or better RS Rating as they begin their biggest runs.
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Workiva is trying to complete a flat base with a 61.60 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
The company showed -700% earnings growth last quarter, while sales growth came in at 14%. Look for the next report on or around Nov. 6.
Workiva earns the No. 10 rank among its peers in the Computer Software-Database industry group. Dropbox, Microstrategy and Oracle are among the top 5 highly rated stocks within the group.
