Healthcare Realty Trust had its Relative Strength (RS) Rating upgraded from 70 to 75 Wednesday — a welcome improvement, but still short of the 80 or higher score you look for.
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IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest runs. See if Healthcare Realty Trust can continue to show renewed price strength and hit that benchmark.
Healthcare Realty Trust is working on a cup without handle with an 18.90 entry. See if it can clear the breakout price in heavy trade.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 8%, compared to 0% in the prior report. Revenue increased from -9% to -6%.
Healthcare Realty Trust earns the No. 51 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Postal Realty Trust Cl A and Welltower 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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