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Best Relative Performance in the Retail REITs Industry Detected in Shares of Macerich Co (MAC , SKT , PEI , BRX , NNN )

By Nick Russo

We looked at the Retail 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.

Macerich Co (NYSE:MAC ) ranks first with a gain of 1.17%; Tanger Factory (NYSE:SKT ) ranks second with a gain of 0.93%; and Penn Reit (NYSE:PEI ) ranks third with a gain of 0.78%.

Brixmor Property (NYSE:BRX ) follows with a gain of 0.55% and National Retail (NYSE:NNN ) rounds out the top five with a gain of 0.54%.

SmarTrend recommended that its subscribers protect gains by selling shares of Tanger Factory on February 20th, 2019 by issuing a Downtrend alert when the shares were trading at $21.48. Since that call, shares of Tanger Factory have fallen 34.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance macerich co tanger factory penn reit brixmor property national retail