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


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

Get Adobe Flash player

On the flip side of Infinity is giant insurer Travelers (TRV - Get Report). This $25 billion market cap company is a behemoth in the insurance industry and likely well prepared to ride out any storm including record tornados and hurricane season. Shares moved only slightly lower in May.

The stock moved in lock step with the market, losing a modest 1.9% of its value during the month of May and avoiding a knee-jerk reaction to the storm activity. We will have to find opportunity based on valuation and earnings growth.

Over the last three quarters, Travelers has blown away earnings estimates, beating them by 38 cents per share in the last quarter. For the full year, Travelers is expected to earn $6.30 per share. At current prices the, stock trades for less than 10 times that number.

With a dividend yield of more than 2%, investors might find the stock attractive. Given its size, Travelers is well-prepared for even the biggest natural disaster. I just don't think investors can get hurt here, and we can expect the company to continue beating estimates.

Travelers would seem to be a good stock to own on such basis.

Travelers, one of TheStreet Ratings' top-rated insurance stocks, shows up in David Einhorn's Greenlight Capital portfolio; Greenlight boosted its position size by 97% in the first quarter, to 4.2 million shares.
5 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 $65.37 0.02%
CINF $66.25 -0.41%
EMCI $27.25 0.37%
IPCC $79.85 -0.96%
TRV $110.29 -0.56%


Chart of I:DJI
DOW 17,769.77 -121.39 -0.68%
S&P 500 2,066.57 -14.86 -0.71%
NASDAQ 4,784.8210 -32.7730 -0.68%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs