On Friday, Twilio Cl A earned an upgrade to its Relative Strength (RS) Rating, from 90 to 93.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to offer and clear an appropriate buy point.
Earnings growth dropped last quarter from 76% to 16%. But revenue gains moved higher, from 10% to 11%. The company is expected to report its latest numbers on or around May 1.
The company earns the No. 18 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, ServiceNow and Shopify are among the top 5 highly rated stocks 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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