When building your watch list, focus on stocks with an 80 or higher RS Rating. Assured Guaranty just cleared that benchmark with an upgrade from 75 to 82.
This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
Assured Guaranty is working on a with a 96.60 entry. See if the stock can break out in heavy trading.
While EPS growth declined in the company's most recent performance report from 140% to -29%, revenue rose -33%, up from -44% in the previous report.
Assured Guaranty earns the No. 22 rank among its peers in the Insurance-Property/Casualty/Title industry group. Mercury General, Intl General Insurance and Skyward Specialty Ins are among the top 5 highly rated stocks within the group.
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