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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Associated Banc Shows Improved Relative Price Performance; Still Shy Of Benchmark

The Relative Strength (RS) Rating for Associated Banc moved into a higher percentile Wednesday, as it got a lift from 69 to 74.

This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.

History reveals that the market's biggest winners tend to have an RS Rating north of 80 as they launch their largest runs. See if Associated Banc can continue to rebound and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

Associated Banc is trying to complete a consolidation with a 28.18 entry. See if it can clear the breakout price in heavy trade.

In terms of top and bottom line numbers, the company has posted four quarters of accelerating earnings growth. Sales gains have been less impressive, coming in at -48% in the most recent report.

The company holds the No. 39 rank among its peers in the Banks-Midwest industry group. First Business Finl Svcs, Equity Bancshares and Landmark Bancorp are among the top 5 highly rated stocks within the group.

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