CNO Financial Group Inc. (CNO): 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.

CNO Financial Group ( CNO) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day down 0.7%. By the end of trading, CNO Financial Group rose $0.29 (1.8%) to $16.90 on average volume. Throughout the day, 1,571,046 shares of CNO Financial Group exchanged hands as compared to its average daily volume of 1,716,400 shares. The stock ranged in a price between $16.56-$16.97 after having opened the day at $16.56 as compared to the previous trading day's close of $16.61. Other companies within the Insurance industry that increased today were: First Acceptance Corporation ( FAC), up 4.4%, Fidelity National Financial ( FNF), up 2.7%, Universal Insurance Holdings ( UVE), up 2.3% and Prudential ( PUK), up 1.9%.

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. CNO Financial Group has a market cap of $3.7 billion and is part of the financial sector. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are up 78.7% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates CNO Financial Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CNO Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, NMI Holdings Inc Class A ( NMIH), down 6.2%, MBIA ( MBI), down 3.5%, National Interstate Corporation ( NATL), down 3.4% and Assured Guaranty ( AGO), down 3.2% , were all laggards within the insurance industry with Berkshire Hathaway ( BRK.B) 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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