SBA Communications saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 67 to 72.
This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest price moves. See if SBA Communications can continue to rebound and clear that threshold.
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SBA Communications is working on a consolidation with a 252.64 entry. See if the stock can clear the breakout price in heavy volume.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -1% to 3%. Revenue rose from -2% to 3%.
The company earns the No. 27 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Essex Property Trust 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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