When building your watch list, look for stocks with an 80 or higher RS Rating. PowerSchool just met that criteria with a new score of 84.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 as they launch their biggest climbs.
Looking For The Best Stocks To Buy And Watch? Start Here
PowerSchool is not currently showing a potential buy point. It is currently extended, after rising for 7 consecutive days. It might be du to pull back, so let's see if the stock goes on to form a chart pattern that could ignite a new run and provide a buying opportunity.
PowerSchool reported 13% earnings growth in its most recent report, while sales growth came in at 7%.
PowerSchool earns the No. 6 rank among its peers in the Consumer Services-Education industry group. Laureate Education and New Oriental Edu ADR are also among the group's highest-rated stocks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
