5 Stocks Pushing The Insurance Industry Higher

1. As of noon trading, MetLife (MET) is up $0.22 (0.7%) to $33.84 on heavy volume Thus far, 9.0 million shares of MetLife exchanged hands as compared to its average daily volume of 10.4 million shares. The stock has ranged in price between $33.51-$34.33 after having opened the day at $33.60 as compared to the previous trading day's close of $33.61.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Asia Pacific, Europe, and the Middle East. MetLife has a market cap of $36.2 billion and is part of the financial sector. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7. Shares are up 7.8% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate MetLife a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates MetLife as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full MetLife Ratings Report now.

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If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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