The Relative Strength (RS) Rating for Omega Healthcare Investors jumped into a higher percentile Thursday, as it got a lift from 68 to 72.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if Omega Hlthcare Investors can continue to rebound and hit that benchmark.
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Omega Healthcare Investors is building a cup without handle, showing a 33.78 buy point. It was trending upwards but has just turned back down. See if it can clear the breakout price in volume at least 40% above average.
OHI Earnings
Earnings-per-share growth decreased last quarter from -5% to -11%, but the top line rose from -42% to -12%.
The company earns the No. 32 rank among its peers in the Finance-Property REITs industry group. Amer Homes 4 Rent and Equinix are also among the group's highest-rated stocks.
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