Workday had its Relative Strength (RS) Rating upgraded from 66 to 72 Wednesday — a welcome improvement, but still short of the 80 or better score you prefer to see.
This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating of above 80 as they launch their biggest price moves. See if Workday can continue to show renewed price strength and hit that benchmark.
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The company posted 21% earnings growth in the latest quarterly report. Sales rose 16%.
Workday holds the No. 12 rank among its peers in the Computer Software-Enterprise industry group. Enfusion, Samsara and Klaviyo are among the top 5 highly rated stocks within the group.
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