When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Bank OZK just met that criteria with a new score of 82.
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating of at least 80 as they launch their biggest price moves.
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Bank OZK is still inside a buying range after breaking past a 51.50 buy point in a cup without handle. Once a stock moves 5% or higher beyond the initial entry, it's considered out of a proper buying area.
The company showed 4% EPS growth last quarter, while sales growth came in at 1%.
Bank OZK holds the No. 15 rank among its peers in the Banks-Southeast industry group. USCB Financial Holdings, Hancock Whitney and Community Trust Bancorp are among the top 5 highly rated stocks within the group.
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