In a welcome move, Baldwin Insurance Cl A saw its Relative Strength Rating rise from 64 to 72 on Wednesday.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Baldwin Insurance Cl A can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Baldwin Insurance Cl A has moved more than 5% past a 30.84 entry in a second-stage cup without handle, meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Baldwin Insurance Cl A showed 14% earnings growth last quarter, while sales growth came in at 11%.
Baldwin Insurance Cl A earns the No. 7 rank among its peers in the Insurance-Brokers industry group. Ryan Specialty Holdings, Willis Towers Watson and Aon are among the top 5 highly rated stocks within the group.
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