Getty Realty Stock Just Got a Major Boost - Is It Time to Buy?

Getty Realty Corp (GTY) investors have something to be cheerful about today as the company's stock was upgraded to an 81 Relative Strength (RS) Rating. What does this mean, and what's driving this upward momentum?

An improvement in Getty Realty's RS Rating from 78 to 81 indicates that the company is outpacing more than 80% of all publicly-traded stocks in terms of price performance. RS Ratings can range from 1 (worst) to 99 (best), making this a significant milestone for the company.

Getty Realty shares have shown remarkable strength, and the company's impressive technical performance has contributed significantly to its upgraded RS Rating. A Relative Strength Rating takes into account a stock's performance over the last 52 weeks, which gives investors a clear idea of how well it has been doing over the past year.

This is a major coup for Getty Realty and investors who have been backing the company. The upgraded rating puts Getty Realty in an exclusive club of top-performing stocks that have consistently demonstrated technical excellence and outpaced their peers.

However, the big question on everyone's mind is - what triggered this upgrade? There could be multiple factors driving Getty Realty's stock price, including better-than-expected quarterly earnings or an increase in demand for its services.

No matter what the reasons behind the upgrade are, it is evident that Getty Realty's performance is piquing the interest of investors. A Relative Strength Rating upgrade is usually followed by increased attention and buying activity, as investors look to benefit from the stock's rising momentum.

Is Getty Realty's stock the right pick for you, though? While an RS Rating of 81 is an excellent indicator of technical strength, it is essential to consider other fundamental and technical factors before making an informed investment decision.

Still, one thing's for sure - Getty Realty Corp is a stock to watch, especially after this significant Relative Strength Rating upgrade. With its improving technical performance and the likelihood of increased buying activity, now might be the time to start paying attention to this rising star in the investment world.