On Tuesday, Northern Trust received a positive adjustment to its Relative Strength (RS) Rating, from 72 to 81.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the top-performing stocks tend to have an 80 or better RS Rating as they launch their biggest climbs.
Northern Trust is working on a cup without handle with a 114.67 buy point. See if the stock can break out in heavy volume.
The company reported 13% earnings growth in the latest quarterly report. Revenue rose 18%.
Northern Trust holds the No. 1 rank among its peers in the Banks-Super Regional industry group. Huntington Bancshares and Fulton Financial are also among the group's highest-rated stocks.
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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