Arthur J. Gallagher & Co.

AJG remains in a clear Stage 2 advancing regime with trend structure intact. The recent Bullish Exhaustion single-bar inflection led to a pullback into the rising 9/21EMA zone, accompanied by moderating volume and a rolling-over RSI. Under the Growth at Reasonable Price mandate, participation now on this pullback into dynamic support aligns risk/reward favorably. A decisive close below the rising 21EMA and the recent support zone would invalidate this entry thesis.

• ↑Q1 revenue up 28% YoY, combining 5% organic and 23% M&A growth.
• ↑Adjusted EBITDA grew 18% YoY, marking consecutive double-digit expansion.
• ↓Low earnings yield raises profitability concerns for returns.