James River Group (JRVR) just got flagged as a Strong Buy with solid momentum creds (Score: B). Here’s the thing:
Price Action: Up 3.77% last week while its industry peer group dropped 1.28%. Monthly chart looks even spicier — 10.64% gain vs industry’s 0.26%. Year-to-date? +23.54%, beating S&P 500’s 14.31%.
Earnings Getting Love: Analysts just hiked full-year estimates from $0.95 to $1.05 in the last 60 days. Next fiscal year seeing upward revisions too, zero downgrades. That’s the kind of consensus shift that gets momentum traders excited.
The Setup: 234k shares trading daily average, price climbing on decent volume — textbook bullish pattern for momentum plays.
If you’re hunting for near-term movers in the insurance space, JRVR’s showing the right signals. Not financial advice, but worth monitoring.
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JRVR Catching Momentum Wave: Insurance Stock Worth a Look?
James River Group (JRVR) just got flagged as a Strong Buy with solid momentum creds (Score: B). Here’s the thing:
Price Action: Up 3.77% last week while its industry peer group dropped 1.28%. Monthly chart looks even spicier — 10.64% gain vs industry’s 0.26%. Year-to-date? +23.54%, beating S&P 500’s 14.31%.
Earnings Getting Love: Analysts just hiked full-year estimates from $0.95 to $1.05 in the last 60 days. Next fiscal year seeing upward revisions too, zero downgrades. That’s the kind of consensus shift that gets momentum traders excited.
The Setup: 234k shares trading daily average, price climbing on decent volume — textbook bullish pattern for momentum plays.
If you’re hunting for near-term movers in the insurance space, JRVR’s showing the right signals. Not financial advice, but worth monitoring.