On Monday, Freshworks Cl A received an upgrade to its Relative Strength (RS) Rating, from 80 to 83.
This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners often have an RS Rating of above 80 as they launch their biggest runs.
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While Freshworks Cl A is not near an ideal buy zone right now, see if it goes on to form and break out from a proper consolidation.
The company posted 75% earnings growth last quarter. Sales gains came in at 22%.
The company earns the No. 7 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Shopify Cl A and Paycom Software are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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