Camden Property Trust had its Relative Strength (RS) Rating upgraded from 67 to 71 Monday — a welcome improvement, but still shy of the 80 or better score you look for.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Camden Property Trust can continue to rebound and clear that threshold.
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Camden Property Trust is working on a flat base with a 127.65 entry. See if the stock can clear the breakout price in heavy volume.
Earnings growth picked up last quarter from -5% to -1%. But sales fell from 0% to -1%. The company is expected to report its latest earnings and sales numbers on or around Jan. 30.
Camden Property Trust earns the No. 70 rank among its peers in the Finance-Property REITs industry group. Equinix, American Healthcare REIT and UMH Properties are among the top 5 highly rated stocks within the group.
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