IPO Stock Of The Week: Insurance Leader Hamilton Forms New Base After 66% Rally

Blockhead12-07

IPO Stock Of The Week Hamilton Insurance (HG) is building a fresh base after a 66% rally, offering a buy point. The IPO stock is one of the best names to watch on Investor's Business Daily's IPO ...

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The IPO stock is one of the best names to watch on Investor's Business Daily's IPO ...</p>\n\n<a href=\"https://www.investors.com/stock-lists/ipo-analysis/ipo-stock-hamilton-insurance-hg-stock/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IPO Stock Of The Week: Insurance Leader Hamilton Forms New Base After 66% Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIPO Stock Of The Week: Insurance Leader Hamilton Forms New Base After 66% Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-07 04:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/stock-lists/ipo-analysis/ipo-stock-hamilton-insurance-hg-stock/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IPO Stock Of The Week Hamilton Insurance (HG) is building a fresh base after a 66% rally, offering a buy point. The IPO stock is one of the best names to watch on Investor's Business Daily's IPO ...</p>\n\n<a href=\"https://www.investors.com/stock-lists/ipo-analysis/ipo-stock-hamilton-insurance-hg-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HG","symbol_name":"Hamilton Insurance Group, Ltd.","start_time":0,"source_url":"https://www.investors.com/stock-lists/ipo-analysis/ipo-stock-hamilton-insurance-hg-stock/","article_id":"2489479266","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2018/04/Stock-Insurance-03-Adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489479266","pubTimestamp":1733516415,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"The IPO Stock Of The Week is insurance leader Hamilton. Shares are approaching a buy point following a 66% rally in recent months.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HG":"Hamilton Insurance Group, Ltd.","BK4107":"财产与意外伤害保险","HBK":"Hamilton Bancorp"},"translate_title":"本周IPO股票：保险龙头汉密尔顿在上涨66%后形成新基础","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HBK":1,"HG":1},"content_text":"IPO Stock Of The Week Hamilton Insurance (HG) is building a fresh base after a 66% rally, offering a buy point. The IPO stock is one of the best names to watch on Investor's Business Daily's IPO Leaders screen.\nBermuda-based Hamilton Insurance offers property and casualty reinsurance and specialty and medical insurance. Its specialty lines include higher-risk events such as cyberattacks, kidnapping and space missions. It also offers protection for fine art, bullion and coins, and classic cars.\n\n\n\n↑\nX\n\n\n\n\nBitcoin's $100,000 Milestone: What Does It Mean For Investors?\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nBitcoin's $100,000 Milestone: What Does It Mean For Investors?\n\n\n\n\nOn Nov. 6, Hamilton reported adjusted earnings of 74 cents a share on sales of $512.8 million for the September-ended quarter. Profit jumped 85% vs. the year-ago period, while revenue grew 29%, according to IBD MarketSurge.\nThe company got through the quarter in good shape, despite catastrophe losses from Hurricane Helene and other large loss events, said Chief Executive Pina Albo in the news release.\n\"Both of our segments, International and Bermuda, produced profitable underwriting results,\" Albo added.\nFor the full year, Wall Street expects the company's earnings to grow 63% before falling 4% in 2025, per IBD MarketSurge.\n\nNvidia, Apple And Tesla Highlight How To Handle This Market\n\n\nIPO Stock Forms Latest Base\nHamilton went public in November 2023 at 15 per share. In mid-April, Hamilton stock tumbled to an all-time low. Following a choppy uptrend since then, shares rallied as much as 66% to their all-time high on Sept. 25.\nThe IPO stock is back above its 50-day moving average line and building the right side of a cup base. For now, the buy point is 20.71, but keep an eye out for a potential handle to offer a lower entry.\nBearishly, the relative strength line remains far from its old high that it set in mid-August. That's a sign of big stock market underperformance over the last four months and is a cause for concern. Look for that to sharply move higher as the IPO stock climbs further up the base.\nA positive signal is that the latest base formation is a first-stage base. First-stage bases are more likely to net bigger gains than later-stage formations. That makes Hamilton one of the best stocks to buy and watch in the stock market today.\nThe IBD Stock Checkup shows that Hamilton stock has an 89 out of 99 IBD Composite Rating.\nBe sure to follow Scott Lehtonen on X at @IBD_SLehtonen for more on the Dow Jones Industrial Average and the stock market today.\nYOU MAY ALSO LIKE:\nCheck Out IBD's New Exposure Levels To Help You Stay In Step With The Market Trend\nTop Growth Stocks To Buy And Watch\nLearn How To Time The Market With IBD's ETF Market Strategy\nFind The Best Long-Term Investments With IBD Long-Term Leaders\nSpot Buy Points And Sell Signals With MarketSurge Pattern Recognition","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489479266"}