When building your watch list, look for stocks with an 80 or higher RS Rating. Old National Bancorp is one stock that just reached the mark, now earning a score of 81.
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IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves.
Old National Bancorp is trying to complete a double bottom with a 21.88 entry. See if the stock can break out in heavy trade.
Earnings growth dropped last quarter from 7% to 0%. But sales moved higher, from 5% to 11%.
Old National Bancorp earns the No. 19 rank among its peers in the Banks-Midwest industry group. First Financial, Landmark Bancorp and Bank First 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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