On Friday, CyberArk Software stock received a positive adjustment to its Relative Strength (RS) Rating, from 70 to 75.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 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 tend to have an RS Rating of above 80 in the early stages of their moves. See if CyberArk Software stock can continue to show renewed price strength and hit that benchmark.
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Is CyberArk Software Stock A Buy?
CyberArk Software stock is trying to complete a consolidation with a 165.18 buy point. See if the stock can clear the breakout price in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Top and bottom line growth moved higher last quarter. Earnings were up 0%, compared to -43% in the prior report. Revenue increased from 12% to 27%.
CyberArk Software stock earns the No. 12 rank among its peers in the Computer Software-Security industry group. Palo Alto Networks and Zscaler are also among the group's highest-rated stocks.
