On Friday, Chubb got an upgrade to its Relative Strength (RS) Rating, from 70 to 73.
IBD's unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they launch their biggest price moves. See if Chubb can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Chubb is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could kick off a new price move.
While the company's top line growth fell last quarter from 17% to 7%, the bottom line grew 16%, up from 9% in the previous report.
The company holds the No. 20 rank among its peers in the Insurance-Property/Casualty/Title industry group. HCI Group, Mercury General and Goosehead Insurance Cl A are among the top 5 highly rated stocks within the group.
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