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Nutanix Inc - A has the Best Relative Performance in the Internet Software & Services Industry (NTNX , GTT , BOX , TRUE , ETSY )

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.

Nutanix Inc - A (NASDAQ:NTNX ) ranks first with a gain of 15.65%; Gtt Communicatio (NYSE:GTT ) ranks second with a gain of 4.38%; and Box Inc- Class A (NYSE:BOX ) ranks third with a gain of 2.67%.

Truecar Inc (NASDAQ:TRUE ) follows with a gain of 2.52% and Etsy Inc (NASDAQ:ETSY ) rounds out the top five with a gain of 2.17%.

SmarTrend recommended that subscribers consider buying shares of Truecar Inc on November 8th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $4.85. Since that recommendation, shares of Truecar Inc have risen 6.4%. We continue to monitor Truecar Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance nutanix inc - a gtt communicatio box inc- class a truecar inc etsy inc

Ticker(s): NTNX GTT BOX TRUE ETSY