The Relative Strength (RS) Rating for Gallagher jumped into a higher percentile Friday, as it got a lift from 67 to 74.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the top-performing stocks tend to have an 80 or better RS Rating as they begin their largest runs. See if Gallagher can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
While now is not an ideal time to jump in, see if the stock goes on to establish and enter a buying range in heavy trade.
The company reported 13% earnings growth last quarter, while sales growth came in at 13%.
Gallagher earns the No. 5 rank among its peers in the Insurance-Brokers industry group. Kingstone is the No. 1-ranked stock within the group.
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