When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Crowdstrike Holdings is one stock that just reached the mark, now earning a score of 87.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement 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 north of 80 as they launch their biggest runs.
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Is CrowdStrike Holdings Stock A Buy?
The IBD 50 stock is building a cup without handle with a 298.58 entry. See if it can break out in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The cybersecurity firm showed 131% EPS growth last quarter. Revenue increased 63%.
CrowdStrike Holdings stock earns the No. 2 rank among its peers in the Computer Software-Security industry group. Crowdstrike Holdings and Fortinet are also among the group's highest-rated stocks.