On Monday, Sun Life Financial received a positive adjustment to its Relative Strength (RS) Rating, from 69 to 72.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all 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 at least 80 in the early stages of their moves. See if Sun Life Financial can continue to show renewed price strength and hit that benchmark.
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Sun Life Financial is working on a flat base with a 62.85 entry. See if the stock can break out in heavy trading.
While the company's bottom line growth declined in the company's most recent performance report from 11% to 0%, the top line rose 12%, up from 8% in the previous report.
Sun Life Financial holds the No. 7 rank among its peers in the Insurance-Life industry group. Prudential ADR, Lincoln National and Primerica 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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