One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Wintrust Financial now clears that threshold, with a jump from 75 to 81 Wednesday.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their biggest runs.
Wintrust Financial is trying to complete a consolidation with a 142.04 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Wintrust Financial reported -7% earnings growth last quarter, while sales growth came in at 6%. Keep an eye out for the company's next round of numbers on or around Jul. 21.
The company holds the No. 9 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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