Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

CareTrust REIT Sees Composite Rating Climb To 96

CareTrust REIT saw an improvement in its IBD SmartSelect Composite Rating Friday, from 92 to 96.

The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher rating in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.

CareTrust REIT is currently forming a consolidation, with a 33.15 buy point. See if the stock can break out in heavy trade at least 40% above average.

Discover The 3 Keys To Successful Stock Investing

The stock earns a 90 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 90% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

The company reported an 11% earnings gain for Q4. That means it's now posted five straight quarters of rising EPS gains. Revenue growth climbed 46%, up from 38% in the prior report. The company has now posted rising growth in each of the last six quarters.

CareTrust REIT earns the No. 1 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT and Curbline Properties are also among the group's highest-rated stocks.

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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.