NETSTREIT CORP (NYSE:NTST) Identified as High-Growth Momentum Stock Using Minervini Trend Template

NetSTREIT Corp. (NYSE:NTST) has been identified through a screening process that combines Mark Minervini’s Trend Template with a High Growth Momentum (HGM) filter. This method ensures the stock meets strict technical criteria for strong upward trends while also displaying fundamental traits that attract growth-focused investors. The Minervini Trend Template examines price movement, moving averages, and relative strength to find stocks in stage 2 upward trends, while the HGM rating assesses earnings, revenue growth, and other financial metrics to highlight companies with improving business performance.

Why NTST Matches the Minervini Trend Template

The Minervini Trend Template demands stocks to meet several technical conditions, all of which NTST fulfills:

• Price Above Key Moving Averages: NTST is trading above its 50-day ($16.99), 150-day ($15.67), and 200-day ($15.66) moving averages, confirming both short-term and long-term positive trends.
• Rising Moving Averages: The 150-day and 200-day moving averages are moving upward, supporting the stock’s positive momentum.
• High Relative Strength: With a relative strength (RS) score of 79.02, NTST performs better than 79% of the market, a key feature of top stocks.
• Close to 52-Week High: At $18.75, NTST is within 1% of its 52-week high ($18.93), showing strong demand.
• Notable Recovery from Low: The stock has risen nearly 40% from its 52-week low ($13.42), demonstrating resilience and institutional interest.

These factors match Minervini’s approach of trading stocks with clear upward trends, high relative strength, and strong institutional backing.

High Growth Momentum (HGM) Criteria

Beyond technical strength, NTST shows fundamental growth traits that attract momentum investors:

• Revenue Growth:
  • Quarterly revenue growth (Q2Q) of 22.04%, with steady improvement in recent quarters.
  • Annual revenue growth (TTM) of 21.39%, reflecting strong demand for its net lease retail properties.
• Earnings Improvement:
  • While EPS growth over the past year remains negative (-214.29%), recent quarterly EPS growth jumped 233.33%, suggesting a possible recovery.
  • Analysts expect further earnings growth, with next-quarter EPS growth estimated at 196.54%.
• Profit Margin Increase:
  • The latest quarter showed a profit margin of 6.78%, up from 3.68% in the prior quarter, indicating better operational efficiency.

These metrics suggest NTST is not only technically strong but also benefiting from stronger fundamentals—a combination that often leads to further gains.

Technical Analysis Overview

According to ChartMill’s technical report, NTST scores a 9 out of 10 on technical health, supported by:

• A positive short-term and long-term trend.
• Strong performance compared to its sector (outperforming 93% of Diversified REITs).
• Multiple support levels between $16.62 and $17.86, offering downside protection.
• Resistance near $18.76, which, if surpassed, could lead to more gains.

While the setup rating is currently 3 out of 10, suggesting volatility that may require waiting for a pullback, the stock’s overall technical strength makes it worth watching.

Next Steps for Investors

For those interested in similar high-growth, technically strong stocks, explore more results via the High Growth Momentum + Trend Template screen.

Disclaimer: This is not investment advice. Our analysis is for informational and educational purposes only. Always conduct your own research or consult a financial advisor before making investment decisions. Read our full disclaimer here.