LTC Properties had its Relative Strength (RS) Rating upgraded from 65 to 73 Tuesday — a welcome improvement, but still short of the 80 or higher score you look for.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 in the early stages of their moves. See if LTC Properties can continue to show renewed price strength and hit that benchmark.
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LTC Properties is building a consolidation with a 39.89 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company showed -2% EPS growth in its most recent report. Sales increased 5%.
LTC Properties holds the No. 37 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Essex Property Trust and Omega Hlthcare Investors are among the top 5 highly rated stocks within the group.
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.
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