RGA(US:RGA) ZACKSยท2024-10-14 14:50Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4] - Value Score identifies undervalued stocks using financial ratios [3] - Growth Score assesses a company's financial health and future growth potential [3] - Momentum Score capitalizes on existing price trends and earnings outlook [4] - VGM Score combines all three styles to highlight stocks with the best overall characteristics [4] Zacks Rank and Performance - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors [5] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6] - There are typically over 800 stocks rated 1 or 2, making it essential for investors to utilize Style Scores for better selection [7] Stock Selection Strategy - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal investment potential [8] - Stocks with lower ranks, even if they have good Style Scores, may still face downward price pressure due to negative earnings forecasts [9] Company Spotlight: Reinsurance Group of America (RGA) - RGA is a leading global provider of life and health reinsurance, currently rated 2 (Buy) with a VGM Score of A [10] - The company is projected to have a year-over-year earnings growth of 9.7% for the current fiscal year, supported by upward revisions from analysts [11] - RGA's earnings consensus estimate has increased by $0.30 to $21.80 per share, with an average earnings surprise of 20.5% [11]