In a welcome move, VICI Properties saw its Relative Strength Rating improve from 66 to 71 on Monday.
Can You Really Time The Stock Market?
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Decades of market research reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their largest runs. See if VICI Properties can continue to rebound and clear that threshold.
VICI Properties is trying to complete a consolidation with a 34.29 entry. See if it can clear the breakout price in heavy volume.
The company posted 4% earnings growth in its most recent report, while sales growth came in at 3%. Keep an eye out for the company's next round of numbers on or around Jul. 23.
VICI Properties earns the No. 29 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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