In a welcome move, SBA Communications saw its Relative Strength Rating rise from 68 to 71 on Tuesday.
Can You Really Time The Stock Market?
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of at least 80 in the early stages of their moves. See if SBA Communications can continue to rebound and hit that benchmark.
SBA Communications is trying to complete a saucer with handle with a 245.16 buy point. See if it can break out in heavy trade.
SBA Communications showed -4% EPS growth in the latest quarterly report. Sales gains came in at 1%.
The company earns the No. 15 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Welltower 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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