Highwoods Properties had its Relative Strength (RS) Rating upgraded from 70 to 74 Monday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
How To Invest In Stocks In Both Bull And Bear Markets
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks often have an RS Rating of over 80 in the early stages of their moves. See if Highwoods Properties can continue to rebound and hit that benchmark.
Highwoods Properties is building a consolidation with a 36.78 buy point. See if it can break out in heavy volume.
Earnings growth increased in the company's most recent report from -14% to -7%, but the top line fell from -1% to -5%.
The company earns the No. 66 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Welltower and Sabra Healthcare REIT 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!