Assurant saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 72 to 83.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score 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 market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves.
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Assurant is trying to complete a consolidation with a 230.55 buy point. See if it can break out in heavy volume.
Earnings growth rose last quarter from 9% to 13%. But sales fell from 7% to 4%. Look for the next report on or around May 6.
The company holds the No. 9 rank among its peers in the Insurance-Diversified industry group. Bowhead Specialty, Palomar Holdings and EverQuote are among the top 5 highly rated stocks within the group.
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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