On Monday, Goosehead Insurance Cl A cleared an important performance benchmark, with its Relative Strength (RS) Rating rising into the 90-plus percentile with an upgrade to 91, up from 88 the day before.
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This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 at the beginning of a new run.
Goosehead Insurance Cl A is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could kick off a new climb.
Goosehead Insurance Cl A posted -7% EPS growth in its most recent report, while sales growth came in at 17%.
The company holds the No. 2 rank among its peers in the Insurance-Property/Casualty/Title industry group. Skyward Specialty Ins 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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