Is NYSE:AGO suited for CANSLIM investing?

In this article we will dive into ASSURED GUARANTY LTD (NYSE:AGO) as a possible candidate for growth investing. Investors should always do their own research, but we noticed ASSURED GUARANTY LTD showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of ASSURED GUARANTY LTD

• The earnings per share (EPS) of ASSURED GUARANTY LTD have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 140.0% increase. This reflects the company's ability to improve its profitability over time.
• The q2q revenue growth of 105.0% of ASSURED GUARANTY LTD highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• The 3-year EPS growth of ASSURED GUARANTY LTD (53.86%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• ASSURED GUARANTY LTD has achieved an impressive Return on Equity (ROE) of 12.98%, showcasing its ability to generate favorable returns for shareholders.
• The Relative Strength (RS) of ASSURED GUARANTY LTD has been consistently solid, with a current 77.98 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. ASSURED GUARANTY LTD exhibits strong prospects for further price appreciation.
• Maintaining a Debt-to-Equity ratio of 0.31, ASSURED GUARANTY LTD demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With 7.69% of the total shares held by institutional investors, ASSURED GUARANTY LTD showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical analysis of NYSE:AGO

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Overall AGO gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AGO is showing a nice and steady performance.

• The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
• When comparing the yearly performance of all stocks, we notice that AGO is one of the better performing stocks in the market, outperforming 77% of all stocks.
• In the last month AGO has a been trading in the 81.36 - 88.27 range, which is quite wide. It is currently trading near the high of this range.
• AGO is an average performer in the Insurance industry, it outperforms 69% of 139 stocks in the same industry.
• AGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AGO is lagging the market.

For an up to date full technical analysis you can check the technical report of AGO

Fundamental analysis of NYSE:AGO

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 4 out of 10 to AGO. AGO was compared to 139 industry peers in the Insurance industry. AGO has a medium profitability rating, but doesn't score so well on its financial health evaluation. AGO is valied quite expensively at the moment, while it does show a decent growth rate.

For an up to date full fundamental analysis you can check the fundamental report of AGO

More growth stocks can be found in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.