Stocks Showing Improved Relative Strength: Hamilton Insurance Cl B

Blockhead
05 Nov 2024

Hamilton Insurance Cl B (HG) saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 68 to 77.

X
What Are The Magnificent Seven Stocks?
See All Videos
NOW PLAYING What Are The Magnificent Seven Stocks?

IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement 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 tend to have an 80 or better RS Rating as they launch their largest runs. See if Hamilton Insurance Cl B can continue to rebound and clear that threshold.


How To Invest In Stocks In Both Bull And Bear Markets


While now is not an ideal time to invest, see if the stock is able to offer and clear an appropriate buy point.

While the company's top line growth fell last quarter from 104% to 65%, the bottom line grew 264%, up from 194% in the prior report. Keep an eye out for the company's next round of numbers on or around Nov. 6.

Hamilton Insurance Cl B holds the No. 4 rank among its peers in the Insurance-Diversified industry group. Jackson Financial (JXN) is the No. 1-ranked stock within the group.

RELATED:

Which Stocks Are Showing Rising Relative Strength?

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10