On Monday, CubeSmart stock got an upgrade to its Relative Strength (RS) Rating, from 66 to 71.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if CubeSmart stock can continue to show renewed price strength and hit that benchmark.
See How IBD Helps You Make More Money In Stocks
Is CubeSmart Stock A Buy?
CubeSmart stock is working on a double bottom with a 51.18 buy point. See if it can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The self-storage facilities operator showed 18% EPS growth last quarter. Sales increased 23%. The next quarterly numbers are expected on or around Feb. 23.
CubeSmart stock earns the No. 17 rank among its peers in the Finance-Property REITs industry group. Alpine Income Property and VICI Properties are also among the group's highest-rated stocks.
