Are you a technical investor? If so, it may be time to consider Agree Realty Corporation ( ADC ) 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 ADC.
This trend may have already begun, as shares of ADC have moved by higher by 6.8% in just the past month. Plus, ADC has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Agree Realty Corporation has plenty of life left.