Verisk Analytics, Inc. (VRSK)

Purchase Info

Stock Price History

Stock Price Video

Play Video

Our View

 Verisk Analytics is a provider of data analytics services and risk-management solutions to the finance industry. Verisk has long-term contracts and subscriptions and primarily serves US customers. Verisk is believed to have a monopoly in the property and casualty insurance industry. The largest 100 P/C insurance customers are customers of Verisk, and they have deep ties with the firm. Verisk also has a track record of bringing new products and making acquisitions. Its long-term prospects appear bright.

The monthly long-term chart for Verisk shows a clear and steady uptrend that has accelerated since 2018. The most significant retracements during this uptrend have happened in March 2020 and early 2021. The price fell by 20% over January and February of 2021 before the price bounced back up from the bottom of the longer-term trend as well as from an important level at $162. The $162 level has previously acted as a resistance and is now acting as a support. The likely price target now looks like $210. A minimum stop loss can be placed at $155.

Position entered into our long-term tracking portfolio today. The entry point is at $174.94, and the stop loss is placed at $131.56, which is 24% below the entry point. The short-term to medium take profit is at the top of the trend and is set at $216, giving a profit of 24%.

Data Explained

On the video and images above you will see the reason this stock was selected.

You will see the image is of a monthly chart of the stock showing the long-term upwards trend formed over the years. You will also see the entry point and the where the stop loss is placed. For more information please watch the video given.

Once it is time to move the original stop loss up you will see an additional image.

Trading Platforms

If you are interested in purchasing the above stock please click here to view some trading platforms.