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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

American Tower REIT Shows Improved Relative Price Performance; Still Shy Of Benchmark

The Relative Strength (RS) Rating for American Tower REIT headed into a new percentile Friday, as it got a lift from 66 to 75.

This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their largest runs. See if American Tower REIT can continue to rebound and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

American Tower REIT is working on a consolidation with a 243.56 buy point. See if it can break out in heavy trading.

Earnings grew 10% last quarter, up from 3% in the prior report. Revenue also increased, from 0% to 4%.

American Tower REIT earns the No. 28 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Strawberry Fields REIT and Curbline Properties 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:

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