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IBD Rating Upgrades: Box Flashes Improved Technical Strength

The technology forecast is for more cloud, and software maker Box is among the up-and-comers in that group. On Tuesday the Relative Strength (RS) Rating for Box (BOX) ratcheted up to 72, from 69 the day before.

The 72 RS Rating means that Box’s price performance tops that of 72% of all stocks over the past year. Top growth stocks tend to have an RS Rating north of 80 as they begin their largest price moves. See if Box can continue to show renewed price strength and clear that threshold.

Box Enables Collaboration Inside/Outside

Redwood City, Calif.-based Box provides a cloud-based platform for organizations to manage their content and collaborate internally and externally.

Among other key ratings, Box has an 83 Composite Rating. Its EPS Rating is a mild 70, on a 1-99 scale with 99 tops. That reflects past years when the young company made little or no money. It’s posted triple-digit profit growth at least the past four quarters, ranging from 214% to 999%-plus.

Its B- Accumulation/Distribution Rating shows that institutions are buying more of its shares than selling.

In its most recent quarter, the company reported 8% sales growth to $198.9 million last quarter as earnings per share grew 214%, to 22 cents per share. The next quarterly numbers are expected on or around May 27.

Other Top 5 Stocks In Group

The company earns the No. 4 rank among its peers in the Computer Software-Database industry group. Dropbox (DBX) and Oracle (ORCL) are also among the group’s highest-rated stocks.


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Box is working on a consolidation with a 26.57 entry. See if it can break out in volume at least 40% higher than normal.

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

IBD’s unique RS Rating measures technical performance by showing how a stock’s price movement over the last 52 weeks compares to that of the other stocks in our database.

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