White Mountains Insurance saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 70 to 73.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history shows 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 White Mountains Insurance can continue to show renewed price strength and clear that threshold.
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While the stock is not near an ideal buy zone right now, see if it is able to form and break out from a proper base.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 658%. Revenue rose from 4% to 61%.
The company earns the No. 38 rank among its peers in the Insurance-Property/Casualty/Title industry group. Mercury General, Intl General Insurance and Skyward Specialty Ins are among the top 5 highly rated stocks within the group.
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