Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Baldwin Insurance Cl A Shows Market Leadership With Jump To 83 RS Rating

Baldwin Insurance Cl A saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, with an increase from 78 to 83.

Looking For The Best Stocks To Buy And Watch? Start Here

IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.

History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.

Baldwin Insurance Cl A has climbed more than 5% past a 30.84 entry in a second-stage cup without handle, meaning it's now out of a proper buy zone. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Baldwin Insurance Cl A reported 16% earnings growth in the latest quarterly report, while sales growth came in at 9%.

The company earns the No. 3 rank among its peers in the Insurance-Brokers industry group. Kingstone is the top-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.

RELATED:

Stocks With Rising Relative Strength Ratings

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!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.