One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Essential Prop Realty Tr cleared that benchmark Thursday, with a jump from 80 to 83 Thursday.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves.
Essential Prop Realty Tr is building a consolidation with a 34.88 buy point. See if it can clear the breakout price in heavy volume.
Essential Prop Realty Tr reported 7% earnings growth last quarter, while sales growth came in at 25%.
The company earns the No. 6 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Welltower and Ventas 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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