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Best Relative Performance in the Internet Software & Services Industry Detected in Shares of Etsy Inc (ETSY , ENV , ANGI , BCOR , YELP )

By Nick Russo

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.

Etsy Inc (NASDAQ:ETSY ) ranks first with a gain of 3.61%; Envestnet Inc (NYSE:ENV ) ranks second with a gain of 3.34%; and Angie'S List Inc (NASDAQ:ANGI ) ranks third with a gain of 3.23%.

Blucora Inc (NASDAQ:BCOR ) follows with a gain of 3.02% and Yelp Inc (NYSE:YELP ) rounds out the top five with a gain of 2.52%.

SmarTrend recommended that subscribers consider buying shares of Yelp Inc on July 1st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $34.67. Since that recommendation, shares of Yelp Inc have risen 8.0%. We continue to monitor Yelp Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance etsy inc envestnet inc angie's list inc blucora inc yelp inc

Ticker(s): ETSY ENV ANGI BCOR YELP