On today’s Breakouts report, there are 75 stocks on the positive breakouts list (with positive price momentum), and just three securities are on the negative breakouts list (with negative price momentum).
Discussed today is a dividend stock with a unanimous buy recommendation from eight analysts. Last week, the company reported a blowout quarter with its earnings soaring from spiking e-commerce activity. The security highlighted today is Intertape Polymer Group Inc. (ITP-T).
A brief outline is provided below that may serve as a springboard for further fundamental research when conducting your own due diligence.
Story continues below advertisement
With headquarters in Montreal and Sarasota, Fla., Intertape develops and manufactures products, such as carton sealing tapes and industrial and specialty tapes and fabrics, used in industrial, automotive, and aerospace applications.
Intertape is the second largest tape manufacturer in North America (3M holds the number one position). To illustrate its tape products, the company produces …