In a welcome move, Globe Life saw its Relative Strength Rating rise from 67 to 76 on Tuesday.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Globe Life can continue to rebound and hit that benchmark.
Globe Life is trying to complete a consolidation with a 133.76 entry. See if the stock can clear the breakout price in heavy trading.
Earnings growth declined in the company's latest report from 12% to 10%, but the top line rose from 4% to 5%. The next quarterly numbers are expected on or around Jul. 23.
Globe Life holds the No. 2 rank among its peers in the Insurance-Life industry group. Prudential ADR 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.
RELATED:
Which Stocks Are Showing 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!
