The Relative Strength (RS) Rating for CareTrust REIT stock headed into a new percentile Friday, as it got a lift from 70 to 76.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
Decades of market research shows that the best-performing stocks often have an 80 or higher RS Rating as they begin their biggest climbs. See if CareTrust REIT stock can continue to rebound and hit that benchmark.
Is CareTrust REIT Stock A Buy?
CareTrust REIT stock is building a cup with handle with a 29.75 buy point. See if the REIT stock can break out in heavy trading.
Taking a look at top and bottom line numbers, the company has posted rising EPS growth over the last six quarters. Revenue growth has also risen during the same period.
CareTrust REIT stock earns the No. 1 rank among its peers in the Finance-Property REITs industry group. Welltower and Farmland Partners are also among the group's highest-rated stocks.
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.
