On Tuesday, Broadstone Net Lease stock earned an upgrade to its Relative Strength (RS) Rating, from 70 to 76.
IBD's proprietary RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks compares to the rest of the market.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves. See if Broadstone Net Lease stock can continue to rebound and clear that threshold.
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Is Broadstone Net Lease Stock A Buy?
Broadstone Net Lease stock is building a consolidation with a 19.15 entry. See if the REIT stock can clear the breakout price in volume at least 40% above average.
Earnings growth decreased last quarter from -3% to -5%. But revenue moved higher, from -1% to 7%.
Broadstone Net Lease stock earns the No. 10 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Essex Property Trust and Omega Hlthcare Investors 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.
