The Traderszone Network

Published in TZ Latest News 9 December, 2016 by The TZ Newswire Staff

Building, REIT, Chemical Names Make New-High Screen; Many In Buy Range

Friday’s new-high list delivered another impressive assortment of names. Financial-sector stocks dominated again, but several other sectors were well-represented.

Among real estate investment trusts, RLJ Lodging (RLJ) ended unchanged at 24.75 and just above a 24.70 buy point. Many REITs have recovered nicely after a soft second half of the year. RLJ’s annualized dividend yield is a stout 5.3%.

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