Gallagher had its Relative Strength (RS) Rating upgraded from 67 to 72 Monday — a welcome improvement, but still shy of the 80 or higher 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 rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of over 80 as they begin their biggest runs. See if Gallagher can continue to rebound and clear that threshold.
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Gallagher is working on a flat base with a 301.04 buy point. See if it can clear the breakout price in heavy trade.
The company posted 13% EPS growth last quarter, while sales growth came in at 13%.
The company holds the No. 6 rank among its peers in the Insurance-Brokers industry group. Ryan Specialty Holdings, Aon and Brown & Brown are among the top 5 highly rated stocks within the group.
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