Assurant saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 68 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 in the early stages of their moves. See if Assurant can continue to rebound and clear that threshold.
Assurant is building a consolidation with a 230.55 entry. See if it can clear the breakout price in heavy volume.
Top and bottom line growth moved higher last quarter. Earnings were up 16%, compared to 13% in the prior report. Revenue increased from 4% to 7%.
The company earns the No. 5 rank among its peers in the Insurance-Diversified industry group. Palomar Holdings is the No. 1-ranked stock 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.
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