The Relative Strength (RS) Rating for Broadstone Net Lease entered a new percentile Friday, as it got a lift from 68 to 73.
IBD's proprietary rating tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Broadstone Net Lease can continue to rebound and hit that benchmark.
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Broadstone Net Lease is working on a consolidation with a 19.15 entry. See if it can break out in volume at least 40% above average.
While the company's bottom line growth declined in the company's most recent quarterly report from -3% to -5%, the top line grew 7%, up from -1% in the prior report.
The company earns the No. 11 rank among its peers in the Finance-Property REITs industry group. Essex Property Trust, Welltower 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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