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Glu Mobile Inc has the Best Relative Performance in the Application Software Industry (GLUU , ZEN , INTU , ADBE , CTXS )

By David Diaz

We looked at the Application Software 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.

Glu Mobile Inc (NASDAQ:GLUU ) ranks first with a gain of 7.44%; Zendesk Inc (NYSE:ZEN ) ranks second with a gain of 1.43%; and Intuit Inc (NASDAQ:INTU ) ranks third with a gain of 1.19%.

Adobe Sys Inc (NASDAQ:ADBE ) follows with a gain of 1.08% and Citrix Systems (NASDAQ:CTXS ) rounds out the top five with a gain of 1.05%.

SmarTrend recommended that subscribers consider buying shares of Zendesk Inc on December 31st, 2018 as our technology indicated a new Uptrend was in progress when shares hit $57.93. Since that recommendation, shares of Zendesk Inc have risen 41.0%. We continue to monitor Zendesk Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance glu mobile inc zendesk inc intuit inc adobe sys inc Citrix Systems