Northern Trust had its Relative Strength (RS) Rating upgraded from 79 to 82 Tuesday.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade 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 stocks that go on to make the biggest gains typically have an RS Rating of above 80 as they begin their biggest runs.
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Northern Trust is trying to complete a consolidation with a 114.67 entry. See if the stock can break out in heavy volume.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 33% to 54%. Revenue rose from 14% to 27%.
The company holds the No. 1 rank among its peers in the Banks-Super Regional industry group. Fulton Financial and Huntington Bancshares are also among the group's highest-rated stocks.
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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