When putting together your watch list, focus on stocks with an 80 or higher RS Rating. The Bancorp is one stock that just reached the mark, now earning a score of 83.
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This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks often have an 80 or better RS Rating as they launch their biggest runs.
While The Bancorp is not near an ideal buy zone right now, see if it is able to form and break out of a proper consolidation.
EPS growth decreased last quarter from 21% to 12%, but the top line rose from 25% to 42%.
The Bancorp earns the No. 6 rank among its peers in the Banks-Northeast industry group. Capital Bancorp, Northeast Bank and Chain Bridge Bancorp 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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