Essential Prop Realty Tr had its Relative Strength (RS) Rating upgraded from 80 to 84 Monday.
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against that of all other stocks.
Decades of market research reveals that the market's biggest winners typically have an 80 or better RS Rating in the early stages of their moves.
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Essential Prop Realty Tr is building a consolidation with a 34.88 buy point. See if the stock can break out in volume at least 40% above average.
Earnings growth increased last quarter from 2% to 7%, but the top line fell from 28% to 22%. Look for the next report on or around Apr. 23.
The company earns the No. 11 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Omega Hlthcare Investors 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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