Wall Street has maintained its upward momentum in the second half of 2024, building on a robust first half. In light of this favorable scenario, a prudent investment approach involves scrutinizing indicators of relative price strength. Five such stocks to buy would be Synchronoss Technologies (SNCR) , Mercury General Corporation (MCY) , Universal Health Services (UHS) , Veracyte (VCYT) and Mueller Water Products (MWA) . Markets Defy Elevated Interest Rates The U.S. economy continues to demonstrate resilienc ...

Have you been paying attention to shares of Mercury General (MCY) ? Shares have been on the move with the stock up 7.2% over the past month. The stock hit a new 52-week high of $64.53 in the previous session. Mercury General has gained 68.1% since the start of the year compared to the 15.6% move for the Zacks Finance sector and the 26.2% return for the Zacks Insurance - Property and Casualty industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn' ...

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 ...

Have you been paying attention to shares of Mercury General (MCY) ? Shares have been on the move with the stock up 17.9% over the past month. The stock hit a new 52-week high of $62.68 in the previous session. Mercury General has gained 66.6% since the start of the year compared to the 7.5% move for the Zacks Finance sector and the 18.2% return for the Zacks Insurance - Property and Casualty industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it ...

Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES, Aug. 6, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Tropical Storm Debby in Georgia. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html. "We recognize that the recovery process after a tropical storm such as ...

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. While many investors like to look for momen ...

Mercury General (MCY) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to loss of $0.47 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. What's Next for Mercury General? There are no easy answers to this key quest ...

Table of Contents ☒ 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 MERCURY GENERAL CORPORATION (Exact name of registrant as specified in its charter) ________________________________ Registrant's telephone number, including area code: (323) 937-1060 _______________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant is a large accelerated filer, an ac ...

Exhibit 99.1 4484 Wilshire Boulevard Los Angeles, California 90010 (323) 937-1060 Fax (323) 857-7125 Los Angeles, California…Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2024: Consolidated Highlights | | | Three Months Ended June 30, | | | Change | | | Six Months Ended June 30, | | | | Change | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 2024 | | 2023 | | $ | % | | 2024 | 2023 | $ | | | % | | (000's except per-share amounts ...

LOS ANGELES, July 29, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) is on the hunt for San Diego's biggest and brightest "Community Rockstars" this summer. The company, in partnership with iHeart Radio, will honor San Diego's most deserving unsung heroes with a VIP prize package truly fit for a rockstar. "Not all rockstars play instruments, sing or perform on stage. Some wear a stethoscope or a whistle and impact lives in a very different way, every single day," said Erik Thompson, VP & CMO of Mercury ...