On Wednesday, American Financial Group got an upgrade to its Relative Strength (RS) Rating, from 63 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 as they launch their largest runs. See if American Financial Group can continue to rebound and hit that benchmark.
American Financial Group is trying to complete a consolidation with a 150.19 buy point. See if it can break out in heavy volume.
Earnings growth increased in the company's most recent report from -6% to 10%, but the top line fell from 9% to 3%. Keep an eye out for the company's next round of numbers on or around May 6.
The company earns the No. 36 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Skyward Specialty Ins and Investors Title are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
Which Stocks Are Showing Improved Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
