The Relative Strength (RS) Rating for Weyerhaeuser moved into a higher percentile Monday, as it got a lift from 65 to 71.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating of over 80 in the early stages of their moves. See if Weyerhaeuser can continue to rebound and clear that threshold.
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Weyerhaeuser is trying to complete a flat base with a 31.26 entry. See if the stock 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 -31% to 550%. Revenue rose from -4% to 26%.
Weyerhaeuser earns the No. 30 rank among its peers in the Finance-Property REITs industry group. Power REIT, Safehold and Innovative Industrial Properties are among the top 5 highly rated stocks within the group.
