When putting together your watch list, look for stocks with an 80 or higher RS Rating. Corebridge Financial just met that criteria with a new score of 81.
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This proprietary 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.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they begin their biggest runs.
Corebridge Financial is building a consolidation with a 35.36 buy point. See if it can break out in volume at least 40% higher than normal.
The company reported 5% earnings growth in its most recent report, while sales growth came in at -18%.
The company earns the No. 8 rank among its peers in the Insurance-Life industry group. Brighthouse Financial, Prudential ADR and Primerica 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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