The Relative Strength (RS) Rating for CubeSmart jumped into a new percentile Thursday, as it got a lift from 66 to 74.
IBD's proprietary RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best stocks typically have an RS Rating of over 80 as they begin their biggest price moves. See if CubeSmart can continue to rebound and hit that benchmark.
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CubeSmart is building a flat base with a 55.14 entry. See if the stock can clear the breakout price in heavy trading.
CubeSmart posted -3% earnings growth in its most recent report. Revenue gains came in at 2%. The next quarterly results are expected on or around Oct. 31.
CubeSmart earns the No. 25 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, American Healthcare REIT and COPT Defense Properties are among the top 5 highly rated stocks within the group.
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