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Best Relative Performance in the Application Software Industry Detected in Shares of Synchronoss Tech (SNCR , GLUU , EGHT , PCTY , ADBE )

By Amy Schwartz

Here are the top 5 stocks in the Application Software industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Synchronoss Tech (NASDAQ:SNCR ) ranks first with a gain of 5.66%; Glu Mobile Inc (NASDAQ:GLUU ) ranks second with a gain of 4.94%; and 8X8 Inc (NYSE:EGHT ) ranks third with a gain of 2.10%.

Paylocity Holdin (NASDAQ:PCTY ) follows with a gain of 2.08% and Adobe Sys Inc (NASDAQ:ADBE ) rounds out the top five with a gain of 1.40%.

SmarTrend recommended that subscribers consider buying shares of Glu Mobile Inc on March 8th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $3.98. Since that recommendation, shares of Glu Mobile Inc have risen 47.5%. We continue to monitor Glu Mobile Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance synchronoss tech glu mobile inc 8x8 inc paylocity holdin adobe sys inc