Manulife Financial Corporation (MFC): Today's Featured Insurance Winner

Manulife Financial Corporation ( MFC) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole was unchanged today. By the end of trading, Manulife Financial Corporation rose $0.18 (1.1%) to $17.25 on average volume. Throughout the day, 2,333,345 shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 2,019,200 shares. The stock ranged in a price between $16.93-$17.39 after having opened the day at $17.14 as compared to the previous trading day's close of $17.07. Other companies within the Insurance industry that increased today were: American Independence Corporation ( AMIC), up 3.4%, eHealth ( EHTH), up 3.2%, State Auto Financial Corporation ( STFC), up 3.1% and ING Groep N.V ( ING), up 2.4%.

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 $31.1 billion and is part of the financial sector. Shares are up 25.6% year to date as of the close of trading on Tuesday. Currently there are 7 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.

On the negative front, MGIC Investment Corporation ( MTG), down 4.7%, First American Financial ( FAF), down 3.4%, MBIA ( MBI), down 3.1% and Life Partners Holdings ( LPHI), down 2.8% , were all laggards within the insurance industry with Chubb ( CB) being today's insurance industry laggard.

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).

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