4 Insurance Stocks Pushing Industry Growth

Editor's Note: 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 47 points (0.3%) at 15,382 as of Tuesday, May 21, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,570 issues advancing vs. 1,367 declining with 136 unchanged.

The Insurance industry currently sits down 0.16 versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Aegon ( AEG), up 1.68.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Sun Life Financial ( SLF) is one of the companies pushing the Insurance industry higher today. As of noon trading, Sun Life Financial is up $0.44 (1.51) to $29.63 on average volume Thus far, 183,118 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 407,700 shares. The stock has ranged in price between $29.16-$29.65 after having opened the day at $29.28 as compared to the previous trading day's close of $29.19.

Sun Life Financial Inc., an international financial services organization, provides a range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial has a market cap of $17.6 billion and is part of the financial sector. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are up 10.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Sun Life Financial a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Sun Life Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, notable return on equity, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Sun Life Financial Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

3. As of noon trading, Manulife Financial Corporation ( MFC) is up $0.16 (0.99) to $15.82 on average volume Thus far, 804,761 shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $15.61-$15.86 after having opened the day at $15.68 as compared to the previous trading day's close of $15.66.

Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. Manulife Financial Corporation has a market cap of $28.7 billion and is part of the financial sector. The company has a P/E ratio of 30.1, above the S&P 500 P/E ratio of 17.7. Shares are up 15.2% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Manulife Financial Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Manulife Financial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Manulife Financial Corporation Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

2. As of noon trading, Aflac ( AFL) is up $0.68 (1.23) to $56.26 on average volume Thus far, 1.6 million shares of Aflac exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $55.12-$56.27 after having opened the day at $55.55 as compared to the previous trading day's close of $55.58.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. Aflac has a market cap of $25.8 billion and is part of the financial sector. The company has a P/E ratio of 8.7, below the S&P 500 P/E ratio of 17.7. Shares are up 4.0% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Aflac a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Aflac as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Aflac Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

1. As of noon trading, American International Group ( AIG) is up $0.37 (0.82) to $45.26 on light volume Thus far, 6.1 million shares of American International Group exchanged hands as compared to its average daily volume of 17.4 million shares. The stock has ranged in price between $44.52-$45.40 after having opened the day at $45.04 as compared to the previous trading day's close of $44.89.

American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing. American International Group has a market cap of $66.8 billion and is part of the financial sector. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are up 28.1% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate American International Group a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates American International Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and feeble growth in the company's earnings per share. Get the full American International Group Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

If you are interested in one of these 4 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.
null

If you liked this article you might like

The Big Reason You Should Buy Assurant: 13 Years of Dividend Growth

The Big Reason You Should Buy Assurant: 13 Years of Dividend Growth

These 5 Financial Sector Trades Are Breaking Out Ahead of the Rate Hike

These 5 Financial Sector Trades Are Breaking Out Ahead of the Rate Hike

10 High-Dividend Stocks for Safe Retirement Income

10 High-Dividend Stocks for Safe Retirement Income

Get Some Insurance for (and in) Your Portfolio

Get Some Insurance for (and in) Your Portfolio

3 Stocks With Upcoming Ex-Dividend Dates: SLF, TER, HRS

3 Stocks With Upcoming Ex-Dividend Dates: SLF, TER, HRS