On Tuesday, Markel Group got an upgrade to its Relative Strength (RS) Rating, from 70 to 74.
IBD's unique rating measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to 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 often have an 80 or higher RS Rating as they launch their largest climbs. See if Markel Group can continue to show renewed price strength and clear that threshold.
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Markel Group is building a flat base with a 1,670.24 entry. See if the stock can clear the breakout price in heavy trading.
Earnings grew 102% last quarter, up from 15% in the prior report. Revenue also increased, from 10% to 23%.
The company earns the No. 11 rank among its peers in the Insurance-Property/Casualty/Title industry group. Hagerty, Arch Capital Group and Mercury General are among the top 5 highly rated stocks within the group.
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