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Bancolombia Leads Banks-Foreign Group.(B)(NYSE STOCKS IN THE NEWS)
Byline: Paul Whitfield
Bancolombia recently found support at its 10-week moving average, bouncing off the line after bobbing around it earlier in February.
Colombia's largest bank led the Banks-Foreign group with the top Overall, Fundamental and Attractiveness Ratings in IBD Stock Checkup at investors.com as of Tuesday.
Banks-Foreign ranked 24th of 197 industry groups in Tuesday's IBD.
Bancolombia's earnings rose 19%, 56%, 67% and 27% the past four quarters, according to Thomson First Call. Fourth-quarter results are due to be released Friday.
The firm recently reported it bought Comercia SA, which specializes in loans ...
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