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Best Relative Performance in the Internet Software & Services Industry Detected in Shares of Web.Com Group (WEB , GTT , GOGO , GRUB , TRUE )

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.

Web.Com Group (NASDAQ:WEB ) ranks first with a gain of 11.40%; Gtt Communicatio (NYSE:GTT ) ranks second with a gain of 4.72%; and Gogo Inc (NASDAQ:GOGO ) ranks third with a gain of 4.19%.

Grubhub Inc (NYSE:GRUB ) follows with a gain of 2.62% and Truecar Inc (NASDAQ:TRUE ) rounds out the top five with a gain of 2.34%.

SmarTrend recommended that its subscribers protect gains by selling shares of Truecar Inc on July 27th, 2017 by issuing a Downtrend alert when the shares were trading at $18.97. Since that call, shares of Truecar Inc have fallen 45.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance web.com group gtt communicatio gogo inc grubhub inc truecar inc

Ticker(s): WEB GTT GOGO GRUB TRUE