The Relative Strength (RS) Rating for NetSTREIT headed into a new percentile Wednesday, as it got a lift from 63 to 74.
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IBD's unique rating identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an 80 or higher RS Rating as they begin their largest climbs. See if NetSTREIT can continue to show renewed price strength and clear that threshold.
NetSTREIT is not currently showing a potential buy point. See if the stock goes on to build a chart pattern that could kick off a new price move.
The company showed 3% earnings growth in its most recent report, while sales growth came in at 22%.
NetSTREIT holds the No. 38 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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