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Shares of Servicenow Inc Rank the Highest in Terms of Relative Performance in the Systems Software Industry (NOW , PFPT , VRNS , ATEN , VMW )

By David Diaz

We looked at the Systems 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.

Servicenow Inc (NYSE:NOW ) ranks first with a gain of 7.89%; Proofpoint Inc (NASDAQ:PFPT ) ranks second with a gain of 2.88%; and Varonis Systems (NASDAQ:VRNS ) ranks third with a gain of 2.52%.

A10 Networks Inc (NYSE:ATEN ) follows with a gain of 1.54% and Vmware Inc-Cl A (NYSE:VMW ) rounds out the top five with a gain of 0.84%.

SmarTrend recommended that subscribers consider buying shares of Proofpoint Inc on January 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $92.76. Since that recommendation, shares of Proofpoint Inc have risen 37.6%. We continue to monitor Proofpoint Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance servicenow inc proofpoint inc varonis systems a10 networks inc vmware inc-cl a