In a welcome move, Capital One Financial saw its Relative Strength Rating rise from 65 to 75 on Tuesday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the best-performing stocks typically have an 80 or better RS Rating as they begin their largest runs. See if Capital One Financial can continue to rebound and clear that threshold.
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While Capital One Financial is not near a proper buy point right now, see if it is able to form and break out of a proper base.
The company showed 38% earnings growth in its most recent report, while sales growth came in at 7%. The company is expected to report its latest results on or around Apr. 22.
Capital One Financial earns the No. 12 rank among its peers in the Finance-Consumer Loans industry group. Mr. Cooper Group, Enova International and Ezcorp Cl A are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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