Invitation Homes saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 65 to 73.
IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating of over 80 as they launch their largest runs. See if Invitation Homes can continue to show renewed price strength and clear that threshold.
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Invitation Homes is trying to complete a consolidation with a 37.80 entry. See if the stock can break out in volume at least 40% above average.
While sales growth fell last quarter from 7% to 6%, the bottom line grew 8%, up from 6% in the prior report. Look for the next report on or around Apr. 30.
The company earns the No. 5 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT is the top-ranked stock 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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