Fulton Financial had its Relative Strength (RS) Rating upgraded from 67 to 71 Tuesday — a welcome improvement, but still shy of the 80 or better score you look for.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest runs. See if Fulton Financial can continue to show renewed price strength and hit that benchmark.
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While now is not an ideal time to buy shares, see if the stock is able to offer and clear a proper buy point.
Fulton Financial reported 14% earnings growth in its most recent report. Revenue rose 18%. Look for the next report on or around Apr. 22.
The company earns the No. 2 rank among its peers in the Banks-Super Regional industry group. Northern Trust is the top-ranked stock 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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