Stock Upgrades: Digital Realty Trust Shows Rising Relative Strength

Digital Realty Trust (DLR) had its Relative Strength (RS) Rating upgraded from 70 to 75 Friday — a welcome improvement, but still short of the 80 or higher score you prefer to see.


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

IBD’s proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the last 52 weeks holds up against all the other stocks in our database.

History shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they begin their biggest runs. See if Digital Realty Trust can continue to rebound and clear that threshold.

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Digital Realty Trust is still within a buy zone after breaking past a 162.09 entry in a cup with handle. Once a stock moves 5% or higher beyond the original entry, it’s considered out of a proper buy zone.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 7%. Revenue rose from 10% to 11%.

Digital Realty Trust holds the No. 21 rank among its peers in the Finance-Property REITs industry group. Extra Space Storage (EXR) and Life Storage (LSI) are also among the group’s highest-rated stocks.


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