3 Insurance Stocks Driving The Industry Higher

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 4 points (0.0%) at 15,449 as of Wednesday, Feb. 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 771 issues advancing vs. 2,156 declining with 142 unchanged.

The Insurance industry currently sits up 0.1% versus the S&P 500, which is down 0.4%.

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

3. Sun Life Financial ( SLF) is one of the companies pushing the Insurance industry higher today. As of noon trading, Sun Life Financial is up $0.26 (0.8%) to $32.20 on light volume. Thus far, 118,851 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 522,500 shares. The stock has ranged in price between $31.69-$32.23 after having opened the day at $31.88 as compared to the previous trading day's close of $31.94.

Sun Life Financial Inc., an international financial services organization, provides a range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial has a market cap of $19.5 billion and is part of the financial sector. Shares are down 9.6% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Sun Life Financial a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Sun Life Financial as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Sun Life Financial Ratings Report now.

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