3 Insurance Stocks On The Rise

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.1%) at 15,298 as of Wednesday, June 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Insurance industry currently sits down 0.53 versus the S&P 500, which is down 0.17. A company within the industry that increased today was American International Group ( AIG), up 0.66. On the negative front, top decliners within the industry include Aegon ( AEG), down 2.84, and MetLife ( MET), down 1.37.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Sun Life Financial ( SLF) is one of the companies pushing the Insurance industry higher today. As of noon trading, Sun Life Financial is up $0.14 (0.48) to $30.16 on light volume Thus far, 105,528 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 426,900 shares. The stock has ranged in price between $29.94-$30.31 after having opened the day at $30.11 as compared to the previous trading day's close of $30.02.

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 $17.9 billion and is part of the financial sector. The company has a P/E ratio of 13.2, below the S&P 500 P/E ratio of 17.7. Shares are up 13.2% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Sun Life Financial a buy, 2 analysts rate it a sell, and 5 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Manulife Financial Corporation ( MFC) is up $0.09 (0.56) to $16.15 on average volume Thus far, 714,889 shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $16.03-$16.25 after having opened the day at $16.08 as compared to the previous trading day's close of $16.06.

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 $28.9 billion and is part of the financial sector. The company has a P/E ratio of 30.3, above the S&P 500 P/E ratio of 17.7. Shares are up 18.2% year to date as of the close of trading on Tuesday. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Aflac ( AFL) is up $0.37 (0.64) to $58.14 on light volume Thus far, 1.1 million shares of Aflac exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $57.72-$58.75 after having opened the day at $57.78 as compared to the previous trading day's close of $57.77.

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 $26.8 billion and is part of the financial sector. The company has a P/E ratio of 9.1, below the S&P 500 P/E ratio of 17.7. Shares are up 8.8% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Aflac a buy, no analysts rate it a sell, and 9 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 3 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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