Primerica had its Relative Strength (RS) Rating upgraded from 69 to 73 Monday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.
Decades of market research reveals that the best stocks tend to have an 80 or higher RS Rating as they launch their biggest climbs. See if Primerica can continue to rebound and hit that benchmark.
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Primerica is building a consolidation with a 298.75 entry. See if it can clear the breakout price in heavy trade.
Earnings growth fell last quarter from 28% to 17%. But revenue moved higher, from 11% to 12%. The company is expected to report its latest performance numbers on or around Apr. 30.
Primerica holds the No. 3 rank among its peers in the Insurance-Life industry group. Globe Life is the top-ranked stock 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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