Jackson Financial had its Relative Strength (RS) Rating upgraded from 72 to 81 Monday.
IBD's unique rating identifies share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks often have an RS Rating of over 80 in the early stages of their moves.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a chart pattern and break out.
Earnings growth increased last quarter from 21% to 84%. But sales fell from -18% to -74%.
The company holds the No. 13 rank among its peers in the Insurance-Diversified industry group. Bowhead Specialty, EverQuote and Palomar Holdings 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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