The Relative Strength (RS) Rating for Wintrust Financial entered a new percentile Thursday, with a rise from 80 to 84.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves.
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Wintrust Financial is within a buy zone after clearing a 113.68 buy point in a consolidation. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.
Top and bottom line growth moved higher last quarter. Earnings were up -2%, compared to -3% in the prior report. Revenue increased from 6% to 7%.
Wintrust Financial earns the No. 15 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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