Amer Homes 4 Rent Cl A had its Relative Strength (RS) Rating upgraded from 69 to 74 Tuesday — a welcome improvement, but still below the 80 or better score you prefer to see.
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matched up against all other stocks.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves. See if Amer Homes 4 Rent Cl A can continue to rebound and hit that benchmark.
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Amer Homes 4 Rent Cl A is trying to complete a consolidation with a 41.41 entry. See if the stock can break out in heavy volume.
Earnings-per-share growth dropped last quarter from 9% to 5%, but sales rose from 6% to 7%. Keep an eye out for the company's next round of numbers on or around May 1.
Amer Homes 4 Rent Cl A holds the No. 24 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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