A man enters a new Bank of Montreal (BMO) branch, located in Fort McMurray, Alberta, Tuesday, February 05, 2013.The Globe and Mail
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Bank of Montreal easily beat Street estimates this week when it reported adjusted profits, aided by a turnaround at its U.S. operations. There could be more good news for shareholders ahead, judging by this StockReports+ report.
StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. Bank of Montreal gets the highest possible average score of 10. There are only 72 stocks tracked by StockReports+ to achieve that score.
The score for Bank of Montreal has been on a positive trend, moving from 8 to 10 over the past three weeks. The recent change in the average score was primarily due to an improvement in the price momentum and earnings component scores.
Read more in this comprehensive report.
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