On Tuesday, Digital Realty Trust stock earned an upgrade to its Relative Strength (RS) Rating, from 76 to 81.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves.
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Is Digital Realty Trust Stock A Buy?
Digital Realty Trust stock is building a cup with handle with a 152.35 entry. See if the financial REIT stock can clear the breakout price in heavy trading.
Regarding fundamentals, Digital Realty Trust has posted two quarters of accelerating earnings growth. Revenue growth has been a different story, coming in at -1% in the most recent report.
Digital Realty Trust stock earns the No. 9 rank among its peers in the Finance-Property REITs industry group. Essential Prop Realty Tr, CareTrust REIT and Welltower are among the top 5 highly rated stocks within the group.
