IBD Rating Upgrades: Gallagher Arthur J & Co Flashes Improved Price Strength
Gallagher Arthur J & Co saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 69 to 72.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they launch their biggest runs. See if Gallagher Arthur J & Co can continue to rebound and clear that threshold.
Gallagher Arthur J & Co is working on a flat base with a 154.13 buy point. See if it can break out in volume at least 40% higher than normal.
While earnings growth declined in the company's most recently reported quarter from 9% to 6%, the top line grew 22%, up from 16% in the previous report.
Gallagher Arthur J & Co earns the No. 5 rank among its peers in the Insurance-Brokers industry group. Brown & Brown and Brp Group Inc are also among the group's highest-rated stocks.