Terreno Realty saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 69 to 73.
IBD's proprietary rating identifies share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they launch their largest runs. See if Terreno Realty can continue to show renewed price strength and hit that benchmark.
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Terreno Realty is working on a saucer without handle with a 71.63 buy point. See if it can break out in heavy trade.
Terreno Realty reported 7% EPS growth last quarter, while sales growth came in at 20%. The next quarterly numbers are expected on or around Feb. 6.
The company holds the No. 10 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Essex Property Trust and Welltower are among the top 5 highly rated stocks within the group.
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