Realty Income had its Relative Strength (RS) Rating upgraded from 69 to 74 Wednesday — a welcome improvement, but still short of the 80 or better score you look for.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement 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 tend to have an RS Rating of at least 80 as they begin their biggest price moves. See if Realty Income can continue to show renewed price strength and clear that threshold.
Realty Income is working on a consolidation with a 64.88 buy point. See if it can break out in heavy trading.
Earnings growth picked up last quarter from 3% to 4%. But sales fell from 28% to 25%. Look for the next report on or around May 5.
Realty Income earns the No. 53 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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