Datadog stock had its Relative Strength (RS) Rating upgraded from 79 to 82 Friday.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.
Looking For The Best Stocks To Buy And Watch? Start Here
Is Datadog Stock A Buy?
The IBD Sector Leaders stock is working on a consolidation with a 118.02 buy point. See if the computer software stock can clear the breakout price in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
While sales growth fell last quarter from 33% to 25%, EPS grew 50%, up from 17% in the previous report. Look for the next report on or around Nov. 7.
Datadog stock earns the No. 9 rank among its peers in the Computer Software-Enterprise industry group. UiPath and Palantir Technologies are also among the group's highest-rated stocks.
