Palo Alto Networks had its Relative Strength (RS) Rating upgraded from 75 to 81 Monday.
This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
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Palo Alto Networks posted 11% earnings growth in the latest quarterly report, while sales growth came in at 14%.
Palo Alto Networks holds the No. 2 rank among its peers in the Computer Software-Security industry group. Fortinet is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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