Credit: Shutterstock photoAre you a technical investor? If so, it may be time to consider Piedmont Office Realty Trust, Inc. ( PDM ) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for PDM.
This trend may have already begun, as shares of PDM have moved by higher by 5.9% in just the past month. Plus, PDM has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Piedmont Office Realty Trust has plenty of life left.
PIEDMONT OFFICE (PDM): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
