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Trading Near 52-Week High, Why GL Stock is Still Worth Buying Now
GLGlobe Life(GL) ZACKS·2025-03-27 22:25

Shares of Globe Life Inc. (GL) closed at 130.53onWednesday,nearits52weekhighof130.53 on Wednesday, near its 52-week high of 131.91. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving averages (SMA) of 123.24and123.24 and 106.07, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.Earnings of Globe Life grew 13.3% in the last five ...