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Atlassian Corp PLC (TEAM)

Atlassian Corp. (TEAM) is an Australian Software Company that develops products for software developers and project managers. 10 days ago, the company’s latest earnings results forecast cloud computing revenue to increase by 25-30% and saw adjusted fourth-quarter earnings more than double from $0.27 to $0.57 above estimates leading to its largest one-day performance spike in 2 years. As a result, TEAM has moved up 12 spots over the last week and 28 spots over the past month within the NASDAQ 100 SIA ranked Index Report. The company currently is ranked 19th within the Favored zone since entering at the end of last week.

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