Are you a technical investor? If so, it may be time to consider Travelers Companies Inc (TRV) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for TRV.
This trend may have already begun, as shares of TRV have moved by higher by 6.1% in just the past month. Plus, TRV has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Travelers has plenty of life left.
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