The Relative Strength (RS) Rating for Principal Financial Group entered a new percentile Friday, with an increase from 78 to 82.
IBD's unique rating tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating of at least 80 in the early stages of their moves.
Looking For The Best Stocks To Buy And Watch? Start Here
Principal Financial Group is trying to complete a consolidation with a 91.97 entry. See if the stock can break out in heavy trading.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 6%, compared to 2% in the prior report. Revenue increased from -35% to 77%.
Principal Financial Group holds the No. 6 rank among its peers in the Insurance-Diversified industry group. Palomar Holdings, Bowhead Specialty and EverQuote 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:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
