Regions Financial Hits 52-Week High: Should You Buy the Stock Now?

Regions Financial Corporation (RF) shares touched a new 52-week high of $27.32 on Friday before closing the session slightly lower at $27.28. The stock skyrocketed 81.8% in the past year, outperforming its industry’s growth of 58.1%. RF also outperformed its peers Community Trust Bancorp (CTBI) and Hilltop Holdings (HTH) over the same time frame.Price Performance Image Source: Zacks Investment Research What’s Driving RF Stock?Regulatory Changes to Aid Top Line: On Nov. 5, U.S. presidential elections were he ...