Here's Why ProAssurance (PRA) Is a Great 'Buy the Bottom' Stock Now

The price trend for ProAssurance (PRA) has been bearish lately and the stock has lost 8.4% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts ...