Brighthouse Financial saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 67 to 71.
Can You Really Time The Stock Market?
This proprietary rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves. See if Brighthouse Financial can continue to show renewed price strength and clear that threshold.
While the stock is not near an ideal buying range right now, see if it is able to form and break out from a proper chart pattern.
Earnings growth dropped in the most recent quarter from 101% to -2%. But sales moved higher, from -14% to 3,130%.
Brighthouse Financial holds the No. 5 rank among its peers in the Insurance-Life industry group. Prudential ADR 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.
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