Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

One stock that might be an intriguing choice for investors right now is Brown & Brown, Inc. (BRO) . This is because this security in the Insurance - Brokerage space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the In ...

Brown & Brown, Inc.’s (BRO) unit, Brown & Brown Dealer Services (“BBDS”), has acquired the assets of DealerMax. This acquisition is expected to strengthen BRO’s presence in the Northeast.Berwyn, PA-based DealerMax, founded in 1982, offers vehicle service contracts, rental cars, payment reinsurance and consulting. The company caters to dealer customers in Pennsylvania and across the Northeast. With the addition of DealerMax, Brown & Brown will be able to leverage the expertise of DealerMax in the finance and ...

DAYTONA BEACH, Fla., March 13, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Jim Maxim, Jr. and Jim Maxim, Sr., the owners of DealerMax ("DealerMax"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired the assets of DealerMax. DealerMax, originally founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves dealer customers in Pennsylvania and throughout the Northeast. Under the leadership of Jim Maxim, Jr., DealerMax has c ...

Brown & Brown, Inc. (BRO) has acquired the assets of Hillco Insurance. This acquisition is expected to strengthen BRO’s presence in Dallas.Dallas-based Hillco Insurance is an independent agency, which specializes in personal and commercial coverage for individuals, families and their businesses. It remains focused on providing insurance solutions for its wide range of customers with a better understanding of the needs of the Texas insurance market.The addition of Hillco Insurance is a strategic fit for Brow ...

DAYTONA BEACH, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Hunter Hill, the founder of Hillco Insurance ("Hillco"), today announced that Brown & Brown has acquired the assets of Hillco. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive Dallas business community. The Hillco team is focused on providing insurance solutions for their wide range ...

Over recent times, developments have emerged that have yet to be fully assimilated by the stock market. These developments have led to shifts in the valuation statuses of various stocks, transitioning some from oversold to overbought conditions and vice versa. This transition heralds the likelihood of an impending price correction.When an asset becomes overvalued, it typically suggests a bearish outlook, signaling an impending decline in the stock price. This anticipated decrease is expected as investors be ...

It has been about a month since the last earnings report for Brown & Brown (BRO) . Shares have added about 4.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Brown & Brown due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Brown & Brown's Q4 Earnings & Revenues Top E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 BROWN & BROWN, INC. (Exact name of registrant as specified in its charter) Registrant's telephone number, including area code: (386) 252-9601 Registrant's Website: www.bbinsurance.com Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Brown & Brown (BRO) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Brown & Brown is one of 857 companies in the Finance group. The Finance group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the averag ...