This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Insurance Stocks for Stormy Weather

Infinity Property and Casualty

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

In the insurance game, strength is in the numbers. On the consumer side, those buying insurance are advised to purchase from the larger companies that are highly rated thanks to strong balance sheets. The last thing you want to do is have insurance that doesn't pay when needed.

The same idea holds true on the investment side. Buy the larger insurance stocks since they will hold up the best no matter what the market is doing. As such, one would expect the smaller players such as Infinity Property and Casualty (IPCC - Get Report), one of TheStreet Ratings' top-rated insurance stocks, to be hit harder during a sudden uptick in natural disasters.

Indeed, that was the case for this $642 million market cap company. During the month of May, Infinity lost more than 10% of its value. The loss may be the result of increased storm activity, but is also related to earnings performance in the first quarter. In early May, Infinity released results that missed analyst estimates by a wide margin.

The miss was attributable to winter storm activity and does not bode well for the company given the current state of weather. Analysts expect the company to make $3.64 this year and $3.87 next year. With the risk of a further earnings report misses high due to record tornado activity, Infinity is a stock to avoid.
4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
ALL $67.86 4.00%
CINF $66.64 0.80%
EMCI $26.24 -1.40%
IPCC $77.95 -2.70%
TRV $110.77 0.95%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs