When putting together your watch list, look for stocks with an 80 or higher RS Rating. Mercury General just met that criteria with a new score of 82.
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IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating of over 80 as they launch their biggest climbs.
While it's not currently an ideal time to invest, see if the stock manages to establish and enter a buy zone in heavy trade.
Earnings growth fell last quarter from 142% to 0%. But revenue moved higher, from -1% to 9%.
The company earns the No. 37 rank among its peers in the Insurance-Property/Casualty/Title industry group. Root Cl A, Skyward Specialty Ins and Goosehead Insurance Cl A 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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