Prudential ADR had its Relative Strength (RS) Rating upgraded from 79 to 84 Thursday.
IBD's proprietary RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest runs.
Hone Your Stock-Picking Skills By Focusing On These Factors
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to establish and enter a buying range in heavy trade.
The company posted negative growth for both the top and bottom lines last quarter. The company is expected to report its next quarterly numbers on or around Mar. 12.
The company earns the No. 13 rank among its peers in the Insurance-Life industry group. Primerica, Lincoln National and Corebridge Financial 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.
RELATED:
Which Stocks Are Showing Improved Price Performance?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
