When putting together your watch list, look for stocks with an 80 or higher RS Rating. Rubrik just met that criteria with a new score of 85.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest price moves.
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Rubrik is within a buy range after climbing above a 40.00 buy point in a consolidation. The proper buying range is up to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity.
Rubrik reported 0% earnings growth in the latest quarterly report. Revenue rose 35%.
The company holds the No. 14 rank among its peers in the Computer Software-Security industry group. Fortinet, CrowdStrike Holdings and OneSpan are among the top 5 highly rated stocks within the group.
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