Sun Life Financial saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 76 to 81.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves.
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Sun Life Financial is working on a consolidation with a 62.85 buy point. See if it can break out in heavy trading.
Earnings growth slowed last quarter from 11% to 0%. But sales moved higher, from 8% to 12%. Look for the next report on or around May 8.
The company earns the No. 8 rank among its peers in the Insurance-Life industry group. Globe Life, Prudential ADR 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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