Juniper Networks had its Relative Strength (RS) Rating upgraded from 70 to 81 Monday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.
History shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their biggest runs.
Looking For Winning Stocks? Try This Simple Routine
Juniper Networks is working on a long consolidation with a 38.24 buy point, having just recently clearing the 200-DMA. See if the stock can break out in heavy volume.
Top and bottom line growth moved higher last quarter. Earnings were up 26%, compared to -2% in the prior report. Revenue increased from 8% to 19%.
The company holds the No. 7 rank among its peers in the Computer-Networking industry group. Digi International and Calix are also among the group's highest-rated stocks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
