On Friday, Corebridge Financial got a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73.
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IBD's proprietary RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or better RS Rating as they launch their biggest runs. See if Corebridge Financial can continue to rebound and hit that benchmark.
Corebridge Financial is not currently near a potential buying area. See if the stock goes on to form a sound pattern that could launch a new move.
Corebridge Financial saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 5% to 20%. Revenue rose from -38% to -26%.
Corebridge Financial earns the No. 6 rank among its peers in the Insurance-Life industry group. Globe Life, Prudential ADR and Lincoln National are among the top 5 highly rated stocks 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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