The Relative Strength (RS) Rating for Sun Life Financial moved into a new percentile Tuesday, as it got a lift from 66 to 71.
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This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Sun Life Financial can continue to rebound and clear that threshold.
While the stock is not near a proper entry right now, see if it manages to form and break out of a proper chart pattern.
While the company's top line growth fell last quarter from 12% to 7%, EPS grew 21%, up from 0% in the prior report. Look for the next report on or around Aug. 7.
The company holds the No. 6 rank among its peers in the Insurance-Life industry group. Prudential ADR, Lincoln National and Globe Life 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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