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

Broadstone Net Lease Earns IBD Rating Upgrade

In a welcome move, Broadstone Net Lease saw its Relative Strength Rating rise from 68 to 71 on Monday.

When To Sell Stocks To Lock In Profits And Minimize Losses

IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matched up against all other stocks.

History reveals that the top-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if Broadstone Net Lease can continue to show renewed price strength and hit that benchmark.

Broadstone Net Lease is working on a cup with handle with an 18.86 buy point. See if the stock can break out in heavy trading.

Top and bottom line growth moved higher last quarter. Earnings were up 6%, compared to 0% in the prior report. Revenue increased from 3% to 7%. Keep an eye out for the company's next round of numbers on or around Oct. 29.

Broadstone Net Lease holds the No. 21 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Postal Realty Trust Cl A and NetSTREIT 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.

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