Barchart.com's Chart of the Day - Popular
Related Stocks
 BPOP - Popular Inc
SymLastChgPct
BPOP78.14+0.26+0.33%

The Barchart Chart of the Day belongs to the Puerto Rican based bank Popular (NASDAQ:BPOP).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last month, I used the Flipchart feature to review the charts for consistent prices appreciation. Since the Trend Spotter signaled a buy on 4/27 the stock gained 11.54%. 

Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico and the United States. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. It also offers commercial and industrial, commercial multi-family, commercial real estate, and residential mortgage loans; consumer loans, including personal loans, credit cards, automobile loans, home equity lines of credit, and other loans to individual borrowers; construction loans; and lease financing comprising automobile loans/leases. In addition, the company provides investment banking, auto and equipment leasing, broker-dealer, and insurance services; debit cards; and online banking services. As of December 31, 2020, it operated 172 branches; and 619 ATMs in Puerto Rico, 23 ATMs in the Virgin Islands, and 118 ATMs in the United States Mainland. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.

BPOP

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 131.91+ Weighted  Alpha
  • 135.64% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 11.54% in the last month
  • Relative Strength Index 69.74%
  • Technical support level at 80.09
  • Recently traded at 80.99 with a 50 day moving average of 72.95

Fundamental factors:

  • Market Cap $6.43 billion
  • P/E 8.89
  • Dividend yield 2.07%
  • Revenue expected to grow 3.10% this year
  • Earnings estimated to increase 55.70% this year and continue to compound at an annual rate of 5.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 4 buy and 2 hold recommendations on the stock
  • The individua investors monitoring he stock on Motley Fool voted 418 to 62 that the stock will beat the market
  • 4,400 investors are monitoring the stock on Seeking Alpha

The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stock are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.