In a welcome move, Brighthouse Financial saw its Relative Strength Rating improve from 66 to 72 on Wednesday.
IBD's unique RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they begin their biggest runs. See if Brighthouse Financial can continue to rebound and clear that threshold.
How To Invest In Stocks In Both Bull And Bear Markets
Brighthouse Financial is building a cup without handle with a 56.24 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Brighthouse Financial reported -19% EPS growth last quarter. Sales rose 72%.
Brighthouse Financial earns the No. 9 rank among its peers in the Insurance-Life industry group. Primerica, Reinsurance Grp America and F&G Annuities & Life are among the top 5 highly rated stocks within the group.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
