On Tuesday, Hamilton Insurance Cl B received a positive adjustment to its Relative Strength (RS) Rating, from 70 to 73.
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if Hamilton Insurance Cl B can continue to show renewed price strength and clear that threshold.
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While Hamilton Insurance Cl B is not near an ideal entry right now, see if it manages to form and break out of a proper chart pattern.
Earnings growth increased last quarter from 194% to 264%, but the top line fell from 104% to 65%. Look for the next report on or around Nov. 6.
The company holds the No. 4 rank among its peers in the Insurance-Diversified industry group. Palomar Holdings is the top-ranked stock within the group.
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