When putting together your watch list, look for stocks with an 80 or higher RS Rating. Jackson Financial just met that criteria with a new score of 83.
This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of other stocks on the major indexes.
Decades of market research reveals that the best-performing stocks often have an 80 or better RS Rating in the early stages of their moves.
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Jackson Financial has risen more than 5% past an 81.52 entry in a third-stage cup without handle, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings growth increased last quarter from 21% to 84%, but revenue fell from -18% to -74%.
Jackson Financial earns the No. 9 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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