When building your watch list, look for stocks with an 80 or higher RS Rating. Dayforce now meets that criteria, with a jump from 78 to 87 Monday.
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they launch their biggest runs.
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While now is not an ideal time to invest, see if the stock goes on to offer and clear an appropriate buy point.
While earnings growth declined last quarter from 50% to 27%, sales grew 17%, up from 16% in the prior report.
Dayforce earns the No. 5 rank among its peers in the Computer Software-Enterprise industry group. monday.com is the No. 1-ranked stock within the group.
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