In a welcome move, Primerica saw its Relative Strength Rating improve from 69 to 73 on Friday.
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This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
Decades of market research shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Primerica can continue to rebound and clear that threshold.
Primerica is working on a consolidation with a 298.75 buy point. See if the stock can break out in heavy trade.
Earnings growth increased last quarter from 17% to 20%. But sales fell from 12% to 9%.
Primerica holds the No. 3 rank among its peers in the Insurance-Life industry group. Brighthouse Financial is the No. 1-ranked stock 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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