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Top 5 Companies in the Internet Software & Services Industry with the Best Relative Performance (NEWR , TWLO , ANGI , AKAM , MTCH )

By Shiri Gupta

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.

New Relic Inc (NYSE:NEWR ) ranks first with a gain of 3.93%; Twilio Inc - A (NYSE:TWLO ) ranks second with a gain of 3.44%; and Angie'S List Inc (NASDAQ:ANGI ) ranks third with a gain of 2.90%.

Akamai Technolog (NASDAQ:AKAM ) follows with a gain of 2.36% and Match Group Inc (NASDAQ:MTCH ) rounds out the top five with a gain of 1.86%.

SmarTrend recommended that subscribers consider buying shares of Match Group Inc on December 19th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $75.24. Since that recommendation, shares of Match Group Inc have risen 19.3%. We continue to monitor Match Group Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance new relic inc twilio inc - a angie's list inc akamai technolog match group inc