When looking for the best stocks to buy and watch, focus on those with rising relative price strength.
One stock that fits that bill is F5 stock, which had its Relative Strength (RS) Rating upgraded from 79 to 82 Tuesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of other stocks on the major indexes.
History shows that the best stocks often have an 80 or better RS Rating as they begin their biggest runs.
Looking For Winning Stocks? Try This Simple Routine
Is F5 Stock A Buy?
F5 stock is trying to complete a double bottom with a 165.62 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth increased in the company's latest report from 25% to 34%, but the top line fell from 4% to 1%.
F5 stock earns the No. 2 rank among its peers in the Internet-Networking Solutions industry group. Credo Tech Group and GDS Holdings ADR are also among the group's highest-rated stocks.
