In a welcome move, Principal Financial Group saw its Relative Strength Rating improve from 70 to 73 on Tuesday.
IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 in the early stages of their moves. See if Principal Financial Group can continue to rebound and clear that threshold.
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Principal Financial Group is building a consolidation with a 91.97 buy point. See if the stock can break out in volume at least 40% above average.
Earnings grew 6% last quarter, up from 2% in the prior report. Revenue also increased, from -35% to 77%. Keep an eye out for the company's next round of numbers on or around Apr. 24.
Principal Financial Group earns 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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