When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Commerce Bancshares just cleared that benchmark with an upgrade from 78 to 84.
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance 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 often have an RS Rating north of 80 as they begin their biggest runs.
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Commerce Bancshares is not currently near a potential buying area. See if the stock goes on to form a sound pattern that could kick off a new climb.
In terms of fundamentals, the company has posted three quarters of rising earnings growth. Sales gains have also risen during the same period.
Commerce Bancshares earns the No. 12 rank among its peers in the Banks-Midwest industry group. First Internet Bancorp, Nicolet Bankshares and ChoiceOne Financial Svcs are among the top 5 highly rated stocks within the group.
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