When putting together your watch list, focus on stocks with an 80 or higher RS Rating. RLI Corp just cleared that benchmark with an upgrade from 77 to 81.
Looking For The Best Stocks To Buy And Watch? Start Here
This unique rating identifies 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 shows that the best stocks typically have an RS Rating north of 80 as they begin their biggest runs.
RLI Corp is working on a consolidation with a 91.14 buy point. See if the stock can break out in heavy volume.
The company showed -47% EPS growth in the latest quarterly report. Sales rose 1%. Look for the next report on or around Apr. 23.
The company earns the No. 22 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Skyward Specialty Ins and Investors Title 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:
Stocks With Rising Relative Strength Ratings
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!
