National Storage Affiliates Trust Receives Composite Rating Upgrade

National Storage Affiliates Trust (NSA) saw an improvement in its IBD SmartSelect Composite Rating Friday, from 94 to 96.


The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher rating in the early stages of a new price run, so that’s an important benchmark to look for when looking for the best stocks to buy and watch.

National Storage Affiliates Trust is currently extended beyond a proper buy zone after breaking out from a 37.53 entry in a cup without handle.

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One weak spot is the company’s 66 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it’s in the top 20% of all stocks.

Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.

In Q1, the company posted 23% earnings growth. It has now posted accelerating EPS increases for three consecutive quarters. Revenue growth increased 18%, up from 13% in the prior report. That marks two quarters of increasing revenue gains.

National Storage Affiliates Trust holds the No. 2 rank among its peers in the Finance-Property REITs industry group. Life Storage (LSI) is the No. 1-ranked stock within the group.


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