On Monday, Four Corners Property Tr received an upgrade to its Relative Strength (RS) Rating, from 80 to 83.
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
History reveals that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.
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Four Corners Property Tr is trying to complete a cup with handle with a 29.81 entry. See if the stock can break out in volume at least 40% higher than normal.
Four Corners Property Tr posted 2% EPS growth in the latest quarterly report, while sales growth came in at 5%. Look for the next report on or around Apr. 29.
Four Corners Property Tr earns the No. 54 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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