Banking

Composite Rating Of Capital One Jumps To 96; What’s In Your Portfolio?

Capital One Financial (COF) saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before.




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The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.

Capital One Financial has now climbed above a proper buy zone after breaking out from a 105.80 entry in a flat base.


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One weak spot is the company’s 72 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it’s in the top 20% of all stocks.

Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.

In Q1, the company reported 333% earnings growth. That marks four straight reports with rising EPS gains. Top line growth was flat, matching the prior report’s -9%.

Capital One Financial earns the No. 5 rank among its peers in the Finance-Consumer Loans industry group. Level One Bancorp (LEVL) is the No. 1-ranked stock within the group.

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