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 Fortinet, which had its Relative Strength (RS) Rating upgraded from 79 to 82 Monday.
As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves.
Looking For The Best Stocks To Buy And Watch? Start Here
While now is not an ideal time to jump in, see if the stock goes on to establish and enter a buy zone in heavy trade.
Fortinet posted 76% EPS growth last quarter. Revenue increased 33%.
Fortinet earns the No. 2 rank among its peers in the Computer Software-Security industry group. NICE ADR is also among the group's highest-rated stocks, along with No. 1 stock, Palo Alto Networks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
