When putting together your watch list, look for stocks with an 80 or higher RS Rating. Old National Bancorp just met that criteria with a new score of 82.
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This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves.
Old National Bancorp is working on a consolidation with a 24.49 entry. See if it can break out in volume at least 40% above average.
While earnings growth decreased in the company's most recently reported quarter from 7% to 0%, revenue grew 11%, up from 5% in the previous report. Look for the next report on or around Jul. 22.
The company holds the No. 30 rank among its peers in the Banks-Midwest industry group. First Financial, First Business Finl Svcs and Southern Missouri Bncp are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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