On Monday, UDR received an upgrade to its Relative Strength (RS) Rating, from 67 to 71.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks often have an RS Rating north of 80 as they launch their biggest runs. See if UDR can continue to show renewed price strength and hit that benchmark.
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UDR is trying to complete a flat base with a 47.55 buy point. See if the stock can clear the breakout price in heavy trading.
The company reported -2% EPS growth in its most recent report, while sales growth came in at 2%.
UDR holds the No. 65 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, American Assets Trust and Essential Prop Realty Tr are among the top 5 highly rated stocks within the group.
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