The Relative Strength (RS) Rating for First American Financial climbed into a new percentile Friday, with an increase from 80 to 83.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against the rest of the market.
History reveals that the best stocks typically have an RS Rating of above 80 as they begin their biggest runs.
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First American Financial is building a with a 70.92 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
First American Financial saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 10% to 96%. Revenue rose from -5% to 18%. The company is expected to report its latest earnings and sales numbers on or around Apr. 23.
First American Financial earns the No. 20 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Root Cl A and Skyward Specialty Ins 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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