Published on 30 Nov 2021 on Zacks via Yahoo Finance
Here's Why You Should Hold Argo Group (ARGO) in Your Portfolio
Argo Group International Holdings ARGO is poised to grow on its highly profitable business, growth initiatives, an expense initiative program, digitalization and a solid capital position.Argo Group has a decent track record of beating earnings estimates, having done so in three of the last four quarters and missing in one, delivering an earnings surprise of 937.12%, on average.
Zacks Rank & Price Performance
Argo Group currently carries a Zacks Rank #3 (Hold). Year to date, the stock has rallied 27.6%, outperforming the industry’s and the Finance sector’s growth of 9.7% and 19.5%, respectively. The Zacks S&P 500 composite has increased 23.4% in the said time frame.