FNF Stock Hits 52-Week High: Should You Buy Now or Wait?

Shares of Fidelity National Financial (FNF) closed at $64.78 yesterday, after hitting a new 52-week high of$66.10 during trading hours. The stock has gained 15.4%  year to date, outperforming the property and casualty insurance industry’s increase of 13.9% and the Finance sector’s increase of 3.8%. The S&P 500 composite has, in contrast, declined 3.3%. FNF stock is trading well above the 50-day moving average, indicating a bullish trend. With a capitalization of $17.9 billion, FNF has a market-leading posi ...