Core Insights - Two stocks in the real estate sector, Zillow Group Inc and Welltower Inc, are identified as potentially overbought, which may signal caution for momentum-focused investors [1][2]. Company Summaries - Zillow Group Inc (ZG): - Recently maintained a Buy rating by Benchmark analyst Daniel Kurnos, with a price target increase from $80 to $100 - The stock has appreciated approximately 25% over the past month, reaching a 52-week high of $85.89 - Current RSI value is 75, indicating overbought conditions - Price action shows shares gained 1% to close at $85.29 on the latest trading day [4]. - Welltower Inc (WELL): - Announced the acquisition of NorthStar Healthcare Income, Inc. for $3.03 per share in a $900 million transaction - The stock has increased around 14% over the past month, with a 52-week high of $143.84 - Current RSI value is 70.8, also indicating overbought conditions - Price action shows shares gained 0.4% to close at $143.11 on the latest trading day [4].
Top 2 Real Estate Stocks You May Want To Dump In February