Cincinnati Financial saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 70 to 76.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners tend to have an 80 or better RS Rating as they begin their largest runs. See if Cincinnati Financial can continue to show renewed price strength and clear that threshold.
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While it's not currently an ideal time to jump in, see if the stock is able to form a chart pattern and break out.
While EPS growth dropped in the company's most recent quarterly report from 7% to -14%, the top line rose 83%, up from -2% in the prior report. The company is expected to report its latest performance numbers on or around Feb. 10.
Cincinnati Financial earns the No. 38 rank among its peers in the Insurance-Property/Casualty/Title industry group. AXIS Capital Holdings, RenaissanceRe Hldgs and Goosehead Insurance Cl A are among the top 5 highly rated stocks within the group.
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