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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Erie Indemnity Cl A Joins Elite List Of Stocks With 95-Plus Composite Rating

The IBD SmartSelect Composite Rating for Erie Indemnity Cl A rose from 93 to 96 Tuesday.

The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher grade in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.

Erie Indemnity Cl A is now out of buy range after clearing the 411.72 buy point in a double bottom.

Lean How — And When — To Sell Stocks

The stock has a 94 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 94% of all stocks.

Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.

The company posted a 37% increase in earnings for Q4. Top line growth came in at 13%, down from 16% in the prior quarter.

Erie Indemnity Cl A earns the No. 5 rank among its peers in the Insurance-Brokers industry group. Ryan Specialty Holdings 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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