One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Deutsche Bank just hit that mark, with a jump from 77 to 83 Monday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners typically have an 80 or better RS Rating as they launch their biggest climbs.
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Deutsche Bank is trying to complete a consolidation with a 17.95 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
While the company's top line growth fell last quarter from 17% to 15%, earnings-per-share grew 53%, up from 0% in the prior report.
The company earns the No. 10 rank among its peers in the Banks-Money Centers industry group. NatWest Group ADR, Morgan Stanley and Goldman Sachs are among the top 5 highly rated stocks within the group.
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