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 CommVault Systems stock, which had its Relative Strength (RS) Rating upgraded from 79 to 82 Wednesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research reveals that the best-performing stocks tend to have an 80 or better RS Rating as they begin their biggest climbs.
Looking For Winning Stocks? Try This Simple Routine
Is CommVault Systems Stock A Buy?
CommVault Systems stock is building a flat base with a 69.26 buy point. See if the stock can break out in volume at least 40% above average.
Earnings growth rose last quarter from 3% to 19%. But revenue gains fell from 8% to 6%. Keep an eye out for the software database company's next round of numbers on or around Jan. 25.
CommVault Systems Stock earns the No. 3 rank among its peers in the Computer Software-Database industry group. Oracle and CommVault Systems are also among the group's highest-rated stocks.
