In a welcome move, Hartford Financial saw its Relative Strength Rating rise from 64 to 71 on Friday.
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their largest climbs. See if Hartford Financial can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to establish and enter a buy zone in heavy trade.
Earnings-per-share growth dropped in the company's latest report from 33% to 10%, but revenue rose from 7% to 9%.
Hartford Financial earns the No. 10 rank among its peers in the Insurance-Diversified industry group. Palomar Holdings, Bowhead Specialty and Hamilton Insurance Cl B are among the top 5 highly rated stocks within the group.
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