When putting together your watch list, look for stocks with an 80 or higher RS Rating. Brighthouse Financial is one stock that just reached the mark, now earning a score of 83.
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IBD's proprietary RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating of at least 80 in the early stages of their moves.
Brighthouse Financial is trying to complete a consolidation with a 64.12 buy point. See if the stock can break out in volume at least 40% above average.
Earnings growth rose last quarter from -5% to 101%, but the top line fell from 72% to -14%. Keep an eye out for the company's next round of numbers on or around May 7.
The company holds the No. 3 rank among its peers in the Insurance-Life industry group. Prudential ADR is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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