WR Berkley had its Relative Strength (RS) Rating upgraded from 67 to 71 Friday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
IBD's proprietary rating measures share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating of above 80 as they launch their biggest price moves. See if WR Berkley can continue to rebound and hit that benchmark.
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WR Berkley is building a cup without handle with a 65.49 entry. See if the stock can break out in heavy trade.
WR Berkley saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 3% to 16%. Revenue rose from 12% to 14%.
The company holds the No. 7 rank among its peers in the Insurance-Property/Casualty/Title industry group. Skyward Specialty Ins, Kinsale Capital Group and Goosehead Insurance Cl A are among the top 5 highly rated stocks within the group.
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