On Friday, NetSTREIT got an upgrade to its Relative Strength (RS) Rating, from 68 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the best stocks tend to have an 80 or better RS Rating as they begin their biggest runs. See if NetSTREIT can continue to rebound and hit that benchmark.
NetSTREIT is working on a flat base with a 19.18 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
NetSTREIT reported 3% EPS growth last quarter. Revenue gains came in at 22%. The next quarterly numbers are expected on or around Oct. 23.
The company earns the No. 6 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Postal Realty Trust Cl A and Strawberry Fields 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.
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