On Monday, Stewart Info Svcs reached an important technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 82, up from 79 the day before.
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History shows that the best-performing stocks tend to have an RS Rating of above 80 as they begin their biggest climbs.
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Stewart Info Svcs is working on a cup without handle with a 76.83 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 36% last quarter, up from -3% in the prior report. Revenue also increased, from 10% to 11%.
The company holds the No. 31 rank among its peers in the Insurance-Property/Casualty/Title industry group. Allstate, AXIS Capital Holdings and Intl General Insurance are among the top 5 highly rated stocks within the group.
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