Kimco Realty had its Relative Strength (RS) Rating upgraded from 66 to 72 Tuesday — a welcome improvement, but still below the 80 or higher score you look for.
This proprietary rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest climbs. See if Kimco Realty can continue to rebound and hit that benchmark.
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Kimco Realty is trying to complete a consolidation with a 25.83 entry. See if it can clear the breakout price in volume at least 40% above average.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 5% to 8%. Revenue rose from 13% to 14%. Look for the next report on or around Feb. 7.
Kimco Realty earns the No. 51 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Curbline Properties and Prologis are among the top 5 highly rated stocks within the group.
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