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Box Sees IBD RS Rating Climb To 78

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In a welcome move, Box ( BOX ) saw its Relative Strength Rating improve from 69 to 78 on Monday.

[ibd-display-video id=449419 width=50 float=left autostart=true] IBD's unique RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.

Over 100 years of market history shows that the stocks that go on to make the biggest gains 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.

See How IBD Helps You Make More In Stocks

The stock is trying to complete a consolidation with a 21.01 buy point . See if it can break out in heavy trading.

Earnings growth picked up last quarter from 0% to 21%. But revenue gains fell from 30% to 28%.

Box holds the No. 9 rank among its peers in the Internet-Networking Solutions industry group. Tucows ( TCX ), Interxion ( INXN ) and GTT Communications ( GTT ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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