On Thursday, Old Republic Intl received a positive adjustment to its Relative Strength (RS) Rating, from 67 to 72.
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IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Old Republic Intl can continue to show renewed price strength and hit that benchmark.
Old Republic Intl is still within a buy zone after climbing above a 39.84 entry in a flat base. The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity..
Earnings growth slowed in the most recent report from 21% to 9%. But sales moved higher, from 5% to 18%.
Old Republic Intl holds 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.
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