In a welcome move, SBA Communications saw its Relative Strength Rating rise from 68 to 71 on Tuesday.
This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an RS Rating of above 80 as they launch their biggest price moves. See if SBA Communications can continue to show renewed price strength and clear that threshold.
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SBA Communications is working on a consolidation with a 252.64 entry. See if it can clear the breakout price in volume at least 40% above average.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 3%, compared to -1% in the prior report. Revenue increased from -2% to 3%.
SBA Communications earns the No. 34 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Strawberry Fields REIT and Curbline Properties 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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