On Tuesday, First American Financial got an upgrade to its Relative Strength (RS) Rating, from 70 to 73.
This proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the market's biggest winners often have an RS Rating north of 80 as they launch their largest runs. See if First American Financial can continue to rebound and hit that benchmark.
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First American Financial is building a cup with handle with a 66.25 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 96%, compared to 10% in the prior report. Revenue increased from -5% to 18%.
First American Financial earns the No. 28 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Root Cl A and Investors Title are among the top 5 highly rated stocks 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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