Aon saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 68 to 73.
This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best-performing stocks typically have an RS Rating of at least 80 in the early stages of their moves. See if Aon can continue to rebound and hit that benchmark.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to offer and clear an appropriate buy point.
Aon saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 6% to 17%. Revenue rose from 18% to 26%.
Aon holds the No. 6 rank among its peers in the Insurance-Brokers industry group. Kingstone, Ryan Specialty Holdings and Brown & Brown are among the top 5 highly rated stocks within the group.
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