On Monday, Sun Life Financial got a positive adjustment to its Relative Strength (RS) Rating, from 69 to 76.
IBD's unique rating identifies price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks tend to have an RS Rating north of 80 as they begin their biggest climbs. See if Sun Life Financial can continue to show renewed price strength and hit that benchmark.
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Sun Life Financial is working on a flat base with a 62.85 entry. See if the stock can break out in heavy trading.
While sales growth fell last quarter from 10% to 8%, the bottom line grew 11%, up from 10% in the previous report. Look for the next report on or around Feb. 12.
Sun Life Financial earns the No. 10 rank among its peers in the Insurance-Life industry group. Primerica, Lincoln National and Globe Life are among the top 5 highly rated stocks within the group.
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