Aflac had its Relative Strength (RS) Rating upgraded from 69 to 76 Friday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating of at least 80 as they begin their largest price moves. See if Aflac can continue to show renewed price strength and clear that threshold.
Can You Really Time The Stock Market?
Aflac is trying to complete a flat base with a 115.50 buy point. See if the stock can break out in volume at least 40% above average.
In terms of revenue and profits, the company has posted rising EPS growth over the last three quarters. Revenue growth has been a different story, coming in at -40% in the latest report.
Aflac holds the No. 4 rank among its peers in the Insurance-Accident & Healthcare industry group. Trupanion is the top-ranked stock within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
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!
