On Wednesday, Popular Inc. received a positive adjustment to its Relative Strength (RS) Rating, from 63 to 71.
Can You Really Time The Stock Market?
IBD's unique RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 in the early stages of their moves. See if Popular Inc. can continue to show renewed price strength and clear that threshold.
Popular Inc. is trying to complete a cup without handle with a 106.81 entry. See if it can break out in heavy trading.
Earnings growth rose last quarter from 29% to 36%, but revenue fell from 7% to 6%.
Popular Inc. earns the No. 10 rank among its peers in the Banks-Southeast industry group. Southern States Bcshs, Capital City Bank Group and Old Point Financial 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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