ACGL Stock Near 52-Week High: Should You Buy or Wait for a Pullback?

Shares of Arch Capital Group Ltd. (ACGL) closed at $110.26 on Thursday, near its 52-week high of$114.62, after having gained 48.5% year to date. Shares outperformed the industry, the Finance sector as well as the Zacks S&P 500 composite index in the same time frame. ACGL shares are trading well above the 50-day moving average, indicating a bullish trend.Arch Capital Outperforms Industry, Sector & S&P YTDImage Source: Zacks Investment ResearchThis leading specialty P&C and mortgage insurer has the potential ...