• Return to Headlines

Bank Of America has the Best Relative Performance in the Diversified Banks Industry (BAC , JPM , WFC , USB , C )

By James Quinn

Here are the top 5 stocks in the Diversified Banks industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Bank Of America (NYSE:BAC ) ranks first with a gain of 3.89%; Jpmorgan Chase (NYSE:JPM ) ranks second with a gain of 3.72%; and Wells Fargo & Co (NYSE:WFC ) ranks third with a gain of 2.56%.

Us Bancorp (NYSE:USB ) follows with a gain of 2.00% and Citigroup Inc (NYSE:C ) rounds out the top five with a gain of 1.87%.

SmarTrend recommended that its subscribers protect gains by selling shares of Wells Fargo & Co on January 14th, 2020 by issuing a Downtrend alert when the shares were trading at $50.00. Since that call, shares of Wells Fargo & Co have fallen 46.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance Bank of america JPMorgan Chase wells fargo & co us bancorp citigroup inc

Ticker(s): BAC JPM WFC USB C