Gaming & Leisure Properties - Chart Of The Day

Summary

• 100% technical buy signals.
• 17 new highs and up 11.94% in the last month.
• 35.21% total return in the past year.

The Barchart Chart of the Day belongs to the REIT Gaming & Leisure Properties (GLPI). I found the stock by sorting Barchart's Top Stock to Own list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 1/3 the stock gained 13.24%.

Gaming and Leisure Properties, Inc. is a self-administered, self-managed REIT primarily engaged in the property business, which will consist of owning, acquiring, developing, expanding, managing, and leasing gaming and related facilities. Gaming and Leisure Properties, Inc. is based in the United States.

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Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can, therefore, change during the day as the market fluctuates. The indicator numbers shown below, therefore, may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

• 100% technical buy signals
• 38.06+ Weighted Alpha
• 29.45% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 11.94% in the last month
• Relative Strength Index 79.55%
• Technical support level at 48.44
• Recently traded at 48.99 with a 50 day moving average of 44.39

Fundamental factors:

• Market Cap $10.44 billion
• P/E 14.18
• Dividend yield 5.76
• Revenue expected to grow 9.20% this year and another 1.00% next year
• Earnings estimated to increase 14.60% this year, an additional 17.10% next year and continue to compound at an annual rate of 10.86% for the next 5 years
• 8 Wall Street analysts issued 6 strong buy, 1 buy and 1 hold recommendation on the stock
• The individual investors following the stock on Motley Fool voted 10 to 2 that the stock will beat the market
• 4,443 investors are monitoring the stock on Seeking Alpha