Aflac Inc (AFL): Today's Featured Insurance Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Aflac ( AFL) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.4%. By the end of trading, Aflac rose $0.63 (1.0%) to $61.91 on average volume. Throughout the day, 2,029,534 shares of Aflac exchanged hands as compared to its average daily volume of 2,586,700 shares. The stock ranged in a price between $61.00-$62.16 after having opened the day at $61.46 as compared to the previous trading day's close of $61.28. Other companies within the Insurance industry that increased today were: Aviva ( AV), up 7.9%, Employers Holdings ( EIG), up 6.9%, Universal Insurance Holdings ( UVE), up 5.3% and Federated National ( FNHC), up 4.7%.

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 $28.8 billion and is part of the financial sector. Shares are up 15.4% year to date as of the close of trading on Wednesday. Currently there are 8 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 revenue growth, solid stock price performance, notable return on equity, compelling growth in net income and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Tower Group ( TWGP), down 24.1%, MBIA ( MBI), down 4.0%, Aegon ( AEG), down 2.5% and Kingstone Companies ( KINS), down 1.6%.

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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