On Friday, Omega Hlthcare Investors got a positive adjustment to its Relative Strength (RS) Rating, from 66 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the top-performing stocks typically have an 80 or higher RS Rating as they begin their largest price moves. See if Omega Hlthcare Investors can continue to rebound and clear that threshold.
Omega Hlthcare Investors is building a saucer without handle with a 44.41 buy point. See if the stock can clear the breakout price in heavy volume.
The company reported 8% earnings growth last quarter. Sales increased 12%.
The company holds the No. 7 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, NetSTREIT and Postal Realty Trust Cl A 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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