Fidelity National Finl had its Relative Strength (RS) Rating upgraded from 70 to 75 Wednesday — a welcome improvement, but still below the 80 or higher score you look for.
This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves. See if Fidelity National Finl can continue to rebound and hit that benchmark.
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Fidelity National Finl has climbed more than 5% past a 53.96 entry in a first-stage flat base, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth slowed last quarter from 23% to 6%. But revenue gains moved higher, from 3% to 30%.
The company earns the No. 32 rank among its peers in the Insurance-Property/Casualty/Title industry group. Mercury General, Allstate and Intl General Insurance are among the top 5 highly rated stocks within the group.
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