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Shares of Vmware Inc-Cl A Rank the Highest in Terms of Relative Performance in the Systems Software Industry (VMW , FTNT , TIVO , RHT , QLYS )

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.

Vmware Inc-Cl A (NYSE:VMW ) ranks first with a gain of 1.70%; Fortinet Inc (NASDAQ:FTNT ) ranks second with a gain of 0.90%; and Tivo Corp (NASDAQ:TIVO ) ranks third with a gain of 0.69%.

Red Hat Inc (NYSE:RHT ) follows with a gain of 0.59% and Qualys Inc (NASDAQ:QLYS ) rounds out the top five with a gain of 0.56%.

SmarTrend recommended that subscribers consider buying shares of Red Hat Inc on February 14th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $132.64. Since that recommendation, shares of Red Hat Inc have risen 30.4%. We continue to monitor Red Hat Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance vmware inc-cl a Fortinet Inc tivo corp red hat inc qualys inc

Ticker(s): VMW FTNT TIVO RHT QLYS