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Top 5 Companies in the Application Software Industry with the Best Relative Performance (GLUU , TNAV , CTXS , PAYC , RNG )

By Shiri Gupta

Here are the top 5 stocks in the Application Software industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Glu Mobile Inc (NASDAQ:GLUU ) ranks first with a gain of 2.35%; Telenav Inc (NASDAQ:TNAV ) ranks second with a gain of 1.54%; and Citrix Systems (NASDAQ:CTXS ) ranks third with a gain of 1.21%.

Paycom Software (NYSE:PAYC ) follows with a gain of 1.16% and Ringcentral In-A (NYSE:RNG ) rounds out the top five with a gain of 1.00%.

SmarTrend recommended that subscribers consider buying shares of Ringcentral In-A on November 12th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $171.98. Since that recommendation, shares of Ringcentral In-A have risen 40.9%. We continue to monitor Ringcentral In-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance glu mobile inc telenav inc Citrix Systems paycom software ringcentral in-a