When building your watch list, look for stocks with an 80 or higher RS Rating. Trupanion just cleared that benchmark with an upgrade from 74 to 88.
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IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks often have an RS Rating of over 80 as they begin their biggest price moves.
Trupanion is now considered extended and out of buy range after clearing a 36.66 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Trupanion reported 0% EPS growth in its most recent report, while sales growth came in at 12%.
The company earns the No. 2 rank among its peers in the Insurance-Accident & Healthcare industry group. Unum Group is the top-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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