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Best Relative Performance in the Office REITs Industry Detected in Shares of Douglas Emmett (DEI , ARE , FSP , PDM , CIO )

By Nick Russo

We looked at the Office REITs industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Douglas Emmett (NYSE:DEI ) ranks first with a gain of 1.46%; Alexandria Real (NYSE:ARE ) ranks second with a gain of 1.24%; and Franklin Street (AMEX:FSP ) ranks third with a gain of 1.15%.

Piedmont Offic-A (NYSE:PDM ) follows with a gain of 1.03% and City Office Reit (NYSE:CIO ) rounds out the top five with a gain of 0.97%.

SmarTrend recommended that subscribers consider buying shares of City Office Reit on March 13th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $11.57. Since that recommendation, shares of City Office Reit have risen 7.0%. We continue to monitor City Office Reit for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance douglas emmett alexandria real amex:fsp franklin street piedmont offic-a city office reit

Ticker(s): DEI ARE PDM CIO