Lincoln National saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Lincoln National is trading within the buy zone from a 36.98 entry from a cup without handle.
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One weak spot is the company's 76 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
The company posted 30% earnings-per-share growth for Q4. Revenue growth increased 623%, up from -2% in the prior quarter. That marks one quarter of rising revenue increases.
Lincoln National earns the No. 1 rank among its peers in the Insurance-Life industry group. Prudential ADR and Primerica are also among the group's highest-rated stocks.
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.
