When putting together your watch list, look for stocks with an 80 or higher RS Rating. Box stock now meets that criteria, with a jump from 77 to 81 Wednesday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade 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 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.
Hone Your Stock-Picking Skills By Focusing On These Factors
Is Box Stock A Buy?
Box stock is building a cup without handle with a 35.74 buy point. See if the tech stock can break out in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 25%, compared to 22% in the prior report. Revenue increased from 3% to 5%. Look for the next report on or around Feb. 26.
Box stock earns the No. 7 rank among its peers in the Computer Software-Database industry group. Commvault Systems, Elastic and Confluent are among the top 5 highly rated stocks within the group.
