Northrim (NRIM) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
As the S&P 500 reached unprecedented heights, surpassing the 5,300 mark for the first time amid cooling inflation and optimistic market sentiment, investors are keenly observing opportunities within this buoyant landscape. In such a market environment, dividend stocks can be particularly appealing as they offer potential for steady income alongside capital appreciation possibilities.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northrim BanCorp (NRIM) have what it takes? Let's find out.