On Thursday, Welltower earned an upgrade to its Relative Strength (RS) Rating, from 79 to 82.
Risk Management In The Stock Market: How Much Money To Invest Now
IBD's proprietary RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves.
Welltower is building a consolidation with a 158.55 buy point. See if the stock can break out in heavy trade.
Welltower saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 18% to 19%. Revenue rose from 29% to 30%. Keep an eye out for the company's next round of numbers on or around Aug. 4.
Welltower earns the No. 2 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT is the top-ranked stock 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!
