Trading Near 52-Week High, Why GL Stock is Still Worth Buying Now
Shares of Globe Life Inc. (GL) closed at 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 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 ...