On Tuesday, Terreno Realty received an upgrade to its Relative Strength (RS) Rating, from 68 to 74.
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating of over 80 as they launch their largest climbs. See if Terreno Realty can continue to rebound and hit that benchmark.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to offer and clear an appropriate buy point.
The company showed 7% earnings growth in its most recent report, while sales growth came in at 20%. Look for the next report on or around Apr. 30.
The company holds the No. 17 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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