The “Chart of the Day” is Pebblebrook Hotel Trust (PEB), which showed up on Monday’s Barchart “All-Time High” list. Pebblebrook on Monday posted a new all-time high of $24.26 and closed up 0.96%. TrendSpotter has been long since April 25 at $23.51. In recent news on the stock, Pebblebrook on April 26 reported Q1 adjusted funds from operation of 11 cents, above the consensus of 7 cents. Pebblebrook on April 9 announced that it had acquired the Hotel Milano in San Francisco for $30 million. Pebblebrook Hotel Trust (PEB), with a market cap of $1.2 billion, is a real estate investment trust (REIT) that specializes in owning and managing hotel properties located primarily in large United States cities with an emphasis on the major coastal markets.
How we found the Chart of the Day:
We found the “Chart of the Day” by scanning the Barchart “All Time High” list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the “All Time Highs” menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the “Percent” column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of 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 web site when you read this report.
- TrendSpotter: Buy
- Short-Term Indicators: 100% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 100% Buy
Chart of the Day provided by www.Barchart.com.
Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.
