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Relatively Good Performance Detected in Shares of Hortonworks Inc in the Internet Software & Services Industry (HDP , COUP , STMP , LPSN , GRUB )

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.

Hortonworks Inc (NASDAQ:HDP ) ranks first with a gain of 12.67%; Coupa Software I (NASDAQ:COUP ) ranks second with a gain of 8.43%; and Stamps.Com Inc (NASDAQ:STMP ) ranks third with a gain of 8.36%.

Liveperson Inc (NASDAQ:LPSN ) follows with a gain of 5.83% and Grubhub Inc (NYSE:GRUB ) rounds out the top five with a gain of 4.69%.

SmarTrend recommended that its subscribers protect gains by selling shares of Grubhub Inc on October 4th, 2018 by issuing a Downtrend alert when the shares were trading at $132.15. Since that call, shares of Grubhub Inc have fallen 41.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance hortonworks inc coupa software i stamps.com inc liveperson inc grubhub inc