RLI Corp. (RLI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
MarketAxess (MKTX) executes the first-ever portfolio trade for tax-exempt municipal bonds.
RLI stands to gain from a compelling product portfolio, rate increases, improved retention, higher premium receipts, sufficient liquidity and effective capital deployment.