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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

American Tower REIT Shows Improved Relative Strength; Still Shy Of Benchmark

On Thursday, American Tower REIT earned a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73.

When To Sell Stocks To Lock In Profits And Minimize Losses

This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

Decades of market research shows that the top-performing stocks often have an RS Rating north of 80 as they launch their largest price moves. See if American Tower REIT can continue to show renewed price strength and clear that threshold.

American Tower REIT is trying to complete a cup with handle with a 233.80 buy point. See if it can clear the breakout price in heavy trade.

American Tower REIT showed -1% earnings growth in its most recent report, while sales growth came in at 2%.

American Tower REIT earns the No. 37 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Welltower and Sabra Healthcare REIT are among the top 5 highly rated stocks within the group.

This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.

RELATED:

Which Stocks Are Showing Rising Relative Strength?

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

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