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Best Relative Performance in the Internet Software & Services Industry Detected in Shares of Zillow Group I-A (ZG , LOGM , AKAM , YELP , GOOGL )

By James Quinn

We looked at the Internet Software & Services industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Zillow Group I-A (NASDAQ:ZG ) ranks first with a gain of 2.60%; Logmein Inc (NASDAQ:LOGM ) ranks second with a gain of 0.59%; and Akamai Technolog (NASDAQ:AKAM ) ranks third with a gain of 0.32%.

Yelp Inc (NYSE:YELP ) follows with a gain of 0.28% and Alphabet Inc-A (NASDAQ:GOOGL ) rounds out the top five with a gain of 0.24%.

SmarTrend recommended that subscribers consider buying shares of Akamai Technolog on June 10th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $80.21. Since that recommendation, shares of Akamai Technolog have risen 11.6%. We continue to monitor Akamai Technolog for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance zillow group i-a logmein inc akamai technolog yelp inc alphabet inc-a

Ticker(s): ZG LOGM AKAM YELP GOOGL