Phillips Edison & Co Inc

Dependability is the through-line here. November stands out, higher in all 5 Novembers, but it heads a clutch of months that pull the year reliably upward.

Its average (+4.3%) and median (+4.8%) land within a hair of each other — the tell of steady, year-after-year gains rather than one outlier doing the work. It is among its calmest months, too, its returns swinging least from year to year (a 1.7% spread), and even its worst November in 5 years lost only 2.4% — the gentlest downside anywhere on its calendar. Crucially, the gain is the stock's own rather than a rising tide's: November has cleared the S&P 500 by +1.9 points above the index. That consistency sets it apart from the field, where the average stock manages November only about 62% of the time.

The strength clusters rather than stands alone — October–December forms a firm stretch that carries much of the year. The weaker half of the year is plainer: April has been the soft spot — the weakest of 3 months that average a loss (−2.0%), and the edge isn't year-round — the stock has trailed the S&P 500 in April, September, and January. Its roughest month on record was a −14.3% September in 2022 — a reminder of how hard even a seasonal name can fall.

November has now closed higher 5 years running.

The takeaway is less about when to buy than what to expect: November aside, the stock's months offer little reliable tilt. With a short 5-year record and returns that swing hard year to year, the signal is best held loosely.