The Relative Strength (RS) Rating for Ryan Specialty Holdings climbed into a new percentile Tuesday, with a rise from 80 to 84.
IBD's proprietary rating identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
Ryan Specialty Holdings is trying to complete a consolidation with a 75.97 entry. See if the stock can break out in volume at least 40% higher than normal.
Earnings growth dropped last quarter from 29% to 28%, but the top line rose from 19% to 20%.
The company earns the No. 1 rank among its peers in the Insurance-Brokers industry group. Willis Towers Watson and Brown & Brown are also among the group's highest-rated stocks.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
