The Relative Strength (RS) Rating for NetSTREIT headed into a new percentile Friday, as it got a lift from 65 to 72.
IBD's unique rating tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if NetSTREIT can continue to show renewed price strength and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
While NetSTREIT is not near an ideal buy zone right now, see if it goes on to form and break out of a proper base.
NetSTREIT showed 3% earnings growth in the latest quarterly report. Revenue gains came in at 20%. The company is expected to report its latest results on or around Apr. 24.
NetSTREIT holds the No. 84 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Curbline Properties 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
