Loews Corporation (L): 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.

Loews Corporation ( L) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.2%. By the end of trading, Loews Corporation rose $0.78 (1.7%) to $47.20 on average volume. Throughout the day, 1,101,678 shares of Loews Corporation exchanged hands as compared to its average daily volume of 819,500 shares. The stock ranged in a price between $46.53-$47.30 after having opened the day at $46.63 as compared to the previous trading day's close of $46.42. Other companies within the Insurance industry that increased today were: Atlas Financial Holdings ( AFH), up 9.0%, Imperial Holdings ( IFT), up 4.5%, Fortegra Financial ( FRF), up 4.4% and First Acceptance Corporation ( FAC), up 3.4%.

Loews Corporation operates primarily as a commercial property and casualty insurance company. The company operates in four segments: CNA Specialty, CNA Commercial, Life & Group Non-Core, and Other. Loews Corporation has a market cap of $17.9 billion and is part of the financial sector. Shares are up 13.9% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Loews Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Loews Corporation 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.

On the negative front, Life Partners Holdings ( LPHI), down 7.8%, Kingsway Financial Services ( KFS), down 4.7%, Federated National ( FNHC), down 4.5% and Enstar Group ( ESGR), down 3.2% , were all laggards within the insurance industry with MGIC Investment Corporation ( MTG) 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.

null

More from Markets

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

OPEC Debating 1 Million Barrel Oil Market Boost as Iran Signals Support

OPEC Debating 1 Million Barrel Oil Market Boost as Iran Signals Support

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Foxconn Chairman Terry Gou: US and China Are Waging a Global 'Tech War'

Foxconn Chairman Terry Gou: US and China Are Waging a Global 'Tech War'