The Relative Strength (RS) Rating for WR Berkley moved into a higher percentile Wednesday, as it got a lift from 70 to 75.
Can You Really Time The Stock Market?
IBD's proprietary rating measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves. See if WR Berkley can continue to rebound and clear that threshold.
WR Berkley is working on a cup without handle with a 75.44 entry. See if the stock can break out in volume at least 40% higher than normal.
WR Berkley posted 3% EPS growth in its most recent report. Sales gains came in at 11%.
The company earns the No. 10 rank among its peers in the Insurance-Property/Casualty/Title industry group. Amer Integrity Ins, HCI Group and Heritage Insurance 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.
RELATED:
Which Stocks Are Showing Improved Price Performance?