The Relative Strength (RS) Rating for Chubb entered a higher percentile Wednesday, as it got a lift from 70 to 73.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if Chubb can continue to rebound and hit that benchmark.
Looking For Winning Stocks? Try This Simple Routine
Chubb is within a buy range after clearing a 179.11 buy point in a flat base. The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity..
Earnings growth rose in the company's latest report from -6% to 746%, but the top line fell from 30% to 8%.
The company holds the No. 12 rank among its peers in the Insurance-Property/Casualty/Title industry group. Selective Insurance and First American Financial are also among the group's highest-rated stocks.