Banking

Netstreit Stock Earns An 84 RS Rating, Giving It A New Lease On Leadership

On Thursday, Netstreit (NTST) reached a noteworthy performance benchmark, with its Relative Strength Rating climbing into the 80-plus percentile with an upgrade to 84, an increase from 79 the day before. The above-80 RS Rating makes Netsreit stock one to watch.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock’s price action over the trailing 52 weeks matches up against other publicly traded companies.

History reveals that the market’s biggest winners typically have an RS Rating of over 80 in the early stages of their moves. So Netsreit’s 84 RS Rating is noteworthy.


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Is Netsreit Stock A Buy?

Netsreit stock, which is on theIPO Leaders screen, is now considered extended and out of buy range after clearing a 19.92 buy point in a first-stage consolidation. See if Netsreit stock forms a new pattern or follow-on buying opportunity like a three-weeks-tight pattern or a pullback to the 50-day or 10-week moving average.

The real estate investment trust posted 229% EPS growth in its most recent report, while sales growth came in at 117%. The next quarterly numbers are expected on or around July 28 for the owner of single-lease retail properties.

Netsreit stock earns the No. 5 rank among its peers in the Finance-Property REITs industry group. Innovative Industrial Properties (IIPR) and Life Storage (LSI) are also among the group’s highest-rated stocks.

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