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Digital Turbine Stock Sees Relative Strength Rating Rise To 87

When looking for the best stocks to buy and watch, focus on those with rising relative price strength.

One stock that fits that bill is Digital Turbine (APPS) stock, which had its Relative Strength (RS) Rating upgraded from 80 to 87 Friday.




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When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s unique rating measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price performance over the trailing 52 weeks holds up against all the other stocks in our database.

History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves.


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Is Digital Turbine Stock A Buy?

Since hitting a 52-week high of 102.56 Mar. 2, Digital Turbine stock has pulled back into a wide but shallow consolidation. The stock has been trading below its 200-day moving average the last three weeks, thus it’s not in a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips. Also, check out “Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks.”

 

Earnings growth fell last quarter from 400% to 162%. But sales moved higher, from 142% to 260%.

Digital Turbine stock holds the No. 17 rank among its peers in the Computer Software-Enterprise industry group. Docusign (DOCU) and Dynatrace (DT) are also among the group’s highest-rated stocks.

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