CubeSmart stock saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 61 to 76.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they launch their biggest price moves. See if CubeSmart stock can continue to show renewed price strength and hit that benchmark.
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Is CubeSmart Stock A Buy?
CubeSmart stock is trying to complete a consolidation with a 55.05 buy point. See if the stock can break out in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The REIT stock posted 16% earnings growth in the latest quarterly report, while sales growth came in at 18%.
CubeSmart stock earns the No. 5 rank among its peers in the Finance-Property REITs industry group. VICI Properties and Essential Prop Realty Tr are also among the group's highest-rated stocks.
