On Tuesday, NetScout Systems received a positive adjustment to its Relative Strength (RS) Rating, from 70 to 73.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 as they launch their largest runs. See if NetScout Systems can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
While NetScout Systems is not near an ideal entry right now, see if it is able to form and break out from a proper base.
NetScout Systems saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -23% to 29%. Revenue rose from -3% to 16%.
The company holds the No. 5 rank among its peers in the Computer Software-Database industry group. Commvault Systems 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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