Copyright investors
On Tuesday, BankUnited (BKU) earned a positive adjustment to its Relative Strength (RS) Rating, from 66 to 72. IBD's proprietary RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database. Decades of market research reveals that the best-performing stocks tend to have an RS Rating north of 80 as they begin their biggest runs. See if BankUnited can continue to show renewed price strength and clear that threshold. BankUnited is working on a consolidation with a 44.45 entry. See if the stock can clear the breakout price in heavy volume. BankUnited showed 17% earnings growth last quarter. Sales rose 7%. BankUnited earns the No. 8 rank among its peers in the Finance-Savings & Loans industry group. Lake Shore Bancorp (LSBK), Home Federal Bancorp LA (HFBL) and First Capital (FCAP) 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.
