Are you a technical investor? If so, it may be time to consider Platinum Underwriters Holdings, Ltd. (PTP) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for PTP.
This trend may have already begun, as shares of PTP have moved by higher by 5.4% in just the past month. Plus, PTP has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Platinum Underwriters has plenty of life left.