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 Asana stock, which had its Relative Strength (RS) Rating upgraded from 78 to 83 Friday.
As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 in the early stages of their moves.
Looking For The Best Stocks To Buy And Watch? Start Here
Is Asana Stock A Buy?
Asana stock is working on a consolidation with a 26.27 entry. See if it can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The computer software firm showed 0% earnings growth in its most recent report, while sales growth came in at 26%. The company is expected to report its latest numbers on or around Sep. 5.
Asana stock holds the No. 46 rank among its peers in the Computer Software-Enterprise industry group. Workday and Docebo are also among the group's highest-rated stocks.
