Over the past six months, Northern Trust has been a great trade, beating the S&P 500 by 18.8%. Its stock price has climbed to $134.70, representing a healthy 37.5% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Throughout the last three months, 10 analysts have evaluated Northern Trust (NASDAQ: NTRS), offering a diverse set of opinions from bullish to bearish.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Looking back on custody bank stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Northern Trust (NASDAQ:NTRS) and its peers.
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
ETF investors can ride or hedge against banking sector volatility through financial sector funds like XLF and KBE, which hold top banks like JPM and BofA.
