EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Reprint Email

TheStreet Wire

PartnerRe Ltd. (PRE): Today's Featured Insurance Loser

By TheStreet Wire 11/28/11 - 04:01 PM EST

Find out if (PRE) is in Cramer's Portfolio.

PartnerRe (PRE) pushed the Insurance industry lower today making it today's featured Insurance loser. The industry as a whole closed the day up 3.6%. By the end of trading, PartnerRe fell 35 cents (-0.5%) to $64.22 on average volume. Throughout the day, 612,664 shares of PartnerRe exchanged hands as compared to its average daily volume of 638,700 shares. The stock ranged in price between $63.79-$65.80 after having opened the day at $65.57 as compared to the previous trading day's close of $64.57. Other company's within the Insurance industry that declined today were: Affirmative Insurance Holdings Inc (AFFM), down 12.2%, Life Partners Holdings Inc (LPHI), down 4.4%, 21st Century Holding Company (TCHC), down 2.1%, and American Independence Corporation (AMIC), down 1.5%.

PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. PartnerRe has a market cap of $4.38 billion and is part of the financial sector. Shares are down 19.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates PartnerRe as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

You can view the full PartnerRe Ratings Report.

On the positive front, Phoenix Companies Inc (PNX), up 14.1%, Genworth Financial Inc (GNW), up 12.6%, ING Groep N.V (ING), up 12.1%, and MGIC Investment Corporation (MTG), up 10.8%, were all gainers within the insurance industry with MetLife Inc (MET) being today's featured insurance industry winner.

Use our insurance section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF (KIE) while those bearish on the insurance industry could consider Proshares Short Financials (SEF).

Find other investment ideas from our top rated ETFs lists.

For more information on PartnerRe Ltd. click any of the following:

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

New! $49.95/yr

Jim Cramer's protege, 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
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Stocks Under $10

TRY IT FREE

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

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

Real Money

TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:

Jim Cramer + 20 Wall Street pros
Intraday commentary & news
Real-time trading forum
Actionable trade ideas

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.