On Tuesday, Invitation Homes got an upgrade to its Relative Strength (RS) Rating, from 68 to 74.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their largest climbs. See if Invitation Homes can continue to show renewed price strength and clear that threshold.
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Invitation Homes is building a cup without handle with a 37.80 buy point. See if the stock can clear the breakout price in heavy volume.
Earnings growth rose in the company's most recent report from 6% to 8%, but the top line fell from 7% to 6%.
Invitation Homes holds the No. 4 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT is the No. 1-ranked stock 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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