In a welcome move, DoubleVerify saw its Relative Strength Rating improve from 70 to 79 on Friday.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's proprietary RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best stocks often have an RS Rating of at least 80 as they begin their biggest climbs. See if DoubleVerify can continue to rebound and clear that threshold.
Looking For Winning Stocks? Try This Simple Routine
DoubleVerify is trying to complete a cup with handle with a 28.99 buy point. See if it can break out in volume at least 40% above average. Especially now that the earnings release is behind us until next quarter.
DoubleVerify posted -44% earnings growth in its most recent report, while sales growth came in at 27%.
The company earns the No. 4 rank among its peers in the Computer Software-Special Enterprise industry group. Ceridian HCM and HubSpot are also among the group's highest-rated stocks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
