STAG Industrial stock had its Relative Strength (RS) Rating upgraded from 67 to 74 Monday -- a welcome improvement, but still short of the 80 or better score you prefer to see.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
History reveals that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if STAG Industrial stock can continue to show renewed price strength and clear that threshold.
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Is STAG Industrial Stock A Buy?
STAG Industrial stock is building a cup without handle with a 37.25 entry. See if it can break out in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The REIT firm showed 4% EPS growth in the latest quarterly report. Sales rose 9%.
STAG Industrial stock holds the No. 16 rank among its peers in the Finance-Property REITs industry group. Essential Prop Realty Tr and Life Storage are also among the group's highest-rated stocks.
