On Tuesday, Gallagher received a positive adjustment to its Relative Strength (RS) Rating, from 70 to 73.
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Gallagher can continue to rebound and clear that threshold.
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Gallagher is building a flat base with a 301.04 entry. See if it can break out in volume at least 40% higher than normal.
The company showed 13% EPS growth in its most recent report. Revenue rose 13%.
The company holds the No. 6 rank among its peers in the Insurance-Brokers industry group. Baldwin Insurance Cl A, Ryan Specialty Holdings and Aon are among the top 5 highly rated stocks within the group.
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