3 Stocks Pushing The Insurance Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Insurance industry currently is unchanged today versus the S&P 500, which is up 0.4%.

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

3. Chubb ( CB) is one of the companies pushing the Insurance industry higher today. As of noon trading, Chubb is up $0.50 (0.6%) to $85.72 on average volume. Thus far, 417,047 shares of Chubb exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $85.24-$85.88 after having opened the day at $85.32 as compared to the previous trading day's close of $85.22.

The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. Chubb has a market cap of $21.9 billion and is part of the financial sector. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7. Shares are up 12.4% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Chubb a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Chubb as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, increase in net income, attractive valuation levels 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 Chubb Ratings Report now.

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2. As of noon trading, Genworth Financial ( GNW) is up $0.21 (1.8%) to $12.13 on average volume. Thus far, 6.0 million shares of Genworth Financial exchanged hands as compared to its average daily volume of 8.9 million shares. The stock has ranged in price between $11.84-$12.26 after having opened the day at $11.88 as compared to the previous trading day's close of $11.92.

Genworth Financial, Inc., a financial services company, provides insurance, wealth management, investment, and financial solutions in the United States and internationally. The company's U.S. Genworth Financial has a market cap of $5.6 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 51.9% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Genworth Financial a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Genworth Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Genworth 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.

1. As of noon trading, Prudential Financial ( PRU) is up $0.76 (1.0%) to $74.06 on light volume. Thus far, 823,327 shares of Prudential Financial exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $73.12-$74.14 after having opened the day at $73.50 as compared to the previous trading day's close of $73.30.

Prudential Financial, Inc., through its subsidiaries, provides a range of insurance, investment management, and other financial products and services to both individual and institutional customers in the United States and internationally. Prudential Financial has a market cap of $33.9 billion and is part of the financial sector. The company has a P/E ratio of 51.7, above the S&P 500 P/E ratio of 17.7. Shares are up 36.9% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Prudential Financial a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Prudential Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Prudential 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.

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).

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