Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With 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 that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Shares of Jackson Financial (NYSE: JXN ) have been a tremendous performer over the past year, more than doubling. Shares have even recovered their dip during market volatility in late July/early August and are back within 5% of a 52-week high. I have Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, jus ...

It was yet another banner quarter for annuity. According to LIMRA , US annuity sales soared 26% in Q2 to $109.9 billion, driven by a mix of traditional and more complex products. For the first half of the year, sales were up 20% from Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a na ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Jackson Financial (JXN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question. Jackson Financial is one of 860 individual stocks in the Finance sector. Collec ...

From a technical perspective, Jackson Financial (JXN) is looking like an interesting pick, as it just reached a key level of support. JXN recently overtook the 50-day moving average, and this suggests a short-term bullish trend. The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down trend. Share ...

Jackson Financial Inc. (NYSE:JXN) Q2 2024 Results Conference Call August 8, 2024 10:00 AM ET Company Participants Liz Werner - Head of Investor Relations Laura Prieskorn - CEO Don Cummings - CFO Steve Binioris - Head of Asset Liability Management and Chief Actuary Scott Romine - President of Jackson National Life Distributors Craig Smith - President and Chief Investment Officer of PPM Conference Call Participants Suneet Kamath - Jefferies Tom Gallagher - Evercore ISI Operator Hello everyone, and welcome to ...

For the quarter ended June 2024, Jackson Financial (JXN) reported revenue of $2.8 billion, up 583.7% over the same period last year. EPS came in at $5.32, compared to $3.34 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.71 billion, representing a surprise of +63.62%. The company delivered an EPS surprise of +23.15%, with the consensus EPS estimate being $4.32. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------- ...

The market expects Jackson Financial (JXN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rele ...

Jackson Financial (JXN) closed at $87.18 in the latest trading session, marking a -0.75% move from the prior day. This move lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.07%. JXN's full-year Zacks Consensus Estimates are calling for earnings of $17.33 per share and revenue of $6.85 billion. These results would represent year-over-year changes of +34.97% and +116.73%, respectively. Empirical research indicates that these re ...