Zendesk stock had its Relative Strength (RS) Rating upgraded from 62 to 81 Thursday.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks typically have an RS Rating north of 80 as they begin their biggest runs.
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Is Zendesk Stock A Buy?
The computer software stock retook its 200-day line. While it's not currently an ideal time to jump in, see if the stock is able to establish and enter a buy zone in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Zendesk showed 45% earnings growth in the latest quarterly report. Revenue gains came in at 32%.
Zendesk stock earns the No. 3 rank among its peers in the Computer Software-Enterprise industry group. Concentrix Corp and Zendesk are also among the group's highest-rated stocks.
