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Independence Rea has the Best Relative Performance in the Residential REITs Industry (IRT , CPT , SUI , EQR , AMH )

By Amy Schwartz

We looked at the Residential 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.

Independence Rea (NYSE:IRT ) ranks first with a gain of 2.80%; Camden Prop Tr (NYSE:CPT ) ranks second with a gain of 2.00%; and Sun Communities (NYSE:SUI ) ranks third with a gain of 1.93%.

Equity Residenti (NYSE:EQR ) follows with a gain of 1.67% and American Homes-A (NYSE:AMH ) rounds out the top five with a gain of 1.65%.

SmarTrend recommended that subscribers consider buying shares of Sun Communities on January 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $105.49. Since that recommendation, shares of Sun Communities have risen 34.7%. We continue to monitor Sun Communities for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance independence rea camden prop tr sun communities equity residenti american homes-a