Barchart.com's Chart of the Day - Banco Santander Brasil SA (BSBR)

Read today’s promising find and trading idea for the stock market.

The Chart of the Day belongs to the Banco Santander Brasil SA (BSBR). I found the stock by using Barchart.com to find “Barchart New Highs” page and then I clicked on pull-down to select stocks with new 3-year highs. I then viewed the stocks on the list with the FlipCharts feature. Banco Santander on Wednesday extended the 2-week rally to post a new 4-1/2 year high.

Banco Santander Brasil, part of Spain’s Banco Santander, provides consumer and business banking services throughout Brazil. The bank accounts for about 25% of its parent bank’s revenues.