On Monday, Realty Income earned an upgrade to its Relative Strength (RS) Rating, from 69 to 75.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of above 80 as they launch their biggest price moves. See if Realty Income can continue to show renewed price strength and clear that threshold.
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Realty Income is trying to complete a consolidation with a 64.88 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
While revenue growth fell last quarter from 28% to 25%, the bottom line grew 4%, up from 3% in the prior report. The company is expected to report its latest numbers on or around Apr. 30.
Realty Income earns the No. 71 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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