When building your watch list, look for stocks with an 80 or higher RS Rating. Retail Opp Investment is one stock that just reached the mark, now earning a score of 84.
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of over 80 in the early stages of their moves.
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Retail Opp Investment is now considered extended and out of buy range after clearing a 15.75 buy point in a first-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The company posted -7% earnings growth in its most recent report, while sales growth came in at 2%.
Retail Opp Investment earns the No. 25 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, COPT Defense Properties and Equinix are among the top 5 highly rated stocks within the group.
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