Box (BOX) had its Relative Strength (RS) Rating upgraded from 66 to 74 Friday -- a welcome improvement, but still below the 80 or higher score you look for.
X This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Box can continue to show renewed price strength and hit that benchmark.
Looking For Winning Stocks? Try This Simple Routine
Box is working on a double bottom with a 23.42 buy point. See if it can clear the breakout price in volume at least 40% above average.
Earnings growth moved up last quarter from 0% to 7%, but the top line fell from 28% to 26%. The company is expected to report its latest performance numbers on or around Mar. 1.
Box holds the No. 12 rank among its peers in the Internet-Networking Solutions industry group. Interxion (INXN), F5 Networks (FFIV) and Tucows (TCX) are among the top 5 highly rated stocks within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
