On Tuesday, Skyward Specialty Ins earned an upgrade to its Relative Strength (RS) Rating, from 90 to 93.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 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 tend to have an 80 or better RS Rating as they begin their biggest runs.
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The IBD 50 stock is still inside a buying range after clearing a 51.11 entry in a cup with handle. Once a stock moves 5% or higher beyond the initial entry, it's considered out of a proper buying area.
Earnings growth picked up last quarter from 9% to 31%. But revenue gains fell from 26% to 24%.
The company holds the No. 1 rank among its peers in the Insurance-Property/Casualty/Title industry group. Root Cl A and Skyward Specialty Ins are also among the group's highest-rated stocks.
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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