On Wednesday, Public Storage got an upgrade to its Relative Strength (RS) Rating, from 66 to 75.
Can You Really Time The Stock Market?
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the best-performing stocks often have an RS Rating north of 80 as they launch their biggest climbs. See if Public Storage can continue to show renewed price strength and clear that threshold.
Public Storage is trying to complete a consolidation with a 369.99 entry. See if it can break out in heavy volume.
Earnings growth increased in the company's most recent report from -3% to 0%, but the top line fell from 4% to 2%. The company is expected to report its latest performance numbers on or around Apr. 30.
Public Storage holds the No. 31 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Invitation Homes and Ventas 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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