Globe Life had its Relative Strength (RS) Rating upgraded from 66 to 79 Friday — a welcome improvement, but still below the 80 or better score you look for.
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This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the best-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Globe Life can continue to show renewed price strength and clear that threshold.
Globe Life is building a consolidation with a 133.76 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
The company showed 10% EPS growth last quarter, while sales growth came in at 3%.
Globe Life holds the No. 2 rank among its peers in the Insurance-Life industry group. Prudential ADR 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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