In a welcome move, Camden Property Trust stock saw its Relative Strength Rating improve from 70 to 73 on Monday.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Camden Property Trust stock can continue to rebound and hit that benchmark.
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Is Camden Property Trust Stock A Buy?
Camden Property Trust stock is working on a double bottom with a 127.65 buy point. See if financial REIT stock can clear the breakout price in heavy trade.
Earnings grew 1% last quarter, up from -1% in the prior report. Revenue also increased, from -1% to 0%.
Camden Property Trust stock earns the No. 69 rank among its peers in the Finance-Property REITs industry group. Curbline Properties, Welltower and Essex Property Trust are among the top 5 highly rated stocks within the group.
