Baldwin Insurance Cl A saw its IBD SmartSelect Composite Rating rise to 97 Monday, up from 94 the day before.
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The new score means the company is now outperforming 97% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Baldwin Insurance Cl A is now out of buy range after breaking out from a 30.84 buy point in a cup without handle.
The stock sports a 97 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 97% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported a 93% rise in earnings for Q4. Top line growth rose 16%, up from 11% in the prior quarter. That marks one quarter of rising revenue gains. The company's next quarterly report is expected on or around May. 6.
Baldwin Insurance Cl A earns the No. 1 rank among its peers in the Insurance-Brokers industry group. Kingstone and Ryan Specialty Holdings are also among the group's highest-rated stocks.
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