On Monday, Globe Life got an upgrade to its Relative Strength (RS) Rating, from 77 to 89.
IBD's unique RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating of over 80 in the early stages of their moves.
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Globe Life is trying to complete a flat base with a 116.74 entry. See if it can break out in heavy trading.
Earnings growth increased last quarter from 14% to 29%. But sales fell from 9% to 5%. Look for the next report on or around Jan. 29.
Globe Life holds the No. 1 rank among its peers in the Insurance-Life industry group. Primerica and Reinsurance Grp America are also among the group's highest-rated stocks.
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