Palo Alto Networks Stock Gets RS Rating Upgrade

Blockhead11-22

On Thursday, Palo Alto Networks (PANW) stock got an upgrade to its Relative Strength (RS) Rating, from 79 to 87. ↑ X RS Line vs. RS Rating: Which Is The Better Stock Indicator? See All Videos...

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The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.\nDecades of market research shows that the best stocks typically have an RS Rating of at least 80 in the early stages of their moves.\n\nLooking For The Best Stocks To Buy And Watch? Start Here\n\nIs Palo Alto Networks Stock A Buy?\nPalo Alto Networks stock is trading within a buying range after clearing a 380.84 entry in a consolidation. The proper buying range extends to 5% above the initial entry. Once a stock hits that benchmark, it's best to hold off investing and wait for it to set up another buying opportunity.\n\nThe cybersecurity company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 5% to 13%. Revenue rose from 12% to 14%.\nPalo Alto Networks stock holds the No. 3 rank among its peers in the Computer Software-Security industry group. 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