Regions Financial is in a potential 24.99 buy point from a first-stage cup without handle. Banks and financial institutions have been performing well amid rising interest rates. It has a 90 Relative Strength Rating.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves. See if Regions Financial can continue to rebound and clear that threshold.
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In the company's latest report, earnings growth swung from 35% to -29%. Sales growth also fell from -3% to -4%.
Regions Financial stock has a 85 Composite Rating and holds the No. 8 rank among its peers in the Banks-Super Regional industry group. SVB Financial, Keycorp and Northern Trust are among the top 5 highly rated stocks within the group.
