The Relative Strength (RS) Rating for NetSTREIT moved up into a higher percentile Wednesday, as it got a lift from 68 to 74.
Can You Really Time The Stock Market?
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating of at least 80 in the early stages of their moves. See if NetSTREIT can continue to rebound and clear that threshold.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to offer and clear an appropriate buy point.
NetSTREIT showed 3% earnings growth in the latest quarterly report. Revenue increased 22%.
NetSTREIT earns the No. 5 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT is the top-ranked stock 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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