When putting together your watchlist, look for stocks with an 80 or higher Relative Strength Rating. Perion Networks is one stock that just reached the mark, now earning a score of 84. Is PERI stock on your radar?
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating tracks 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.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 in the early stages of their moves. So the 84 RS Rating for PERI stock is noteworthy.
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Is PERI Stock Buyable?
Perion Network is not currently near a potential buy zone. See if PERI stock goes on to form a sound pattern that could kick off a new price move.
The Israel-based provider of digital advertising products and services reported 38% growth in earnings per share last quarter. Sales growth came in at 34%.
PERI stock holds the No. 1 rank among its peers in the Computer Software-Education industry group.
