Lincoln National saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 63 to 86.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they launch their biggest runs.
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Lincoln National is trying to complete a consolidation with a 39.85 entry. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings growth decreased in the company's latest report from 610% to 30%, but the top line rose from -2% to 623%. The next quarterly results are expected on or around May 8.
The company earns the No. 1 rank among its peers in the Insurance-Life industry group. Prudential ADR and Globe Life are also among the group's highest-rated stocks.
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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