ACE Ltd (ACE): Today's Featured Insurance Laggard

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.

ACE ( ACE) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.1%. By the end of trading, ACE fell $1.10 (-1.1%) to $95.71 on average volume. Throughout the day, 1,674,617 shares of ACE exchanged hands as compared to its average daily volume of 1,736,800 shares. The stock ranged in price between $95.62-$96.56 after having opened the day at $96.20 as compared to the previous trading day's close of $96.81. Other companies within the Insurance industry that declined today were: Imperial Holdings ( IFT), down 12.2%, Triple-S Management Corporation ( GTS), down 5.8%, Life Partners Holdings ( LPHI), down 5.4% and Willis Group Holdings ( WSH), down 4.3%.

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insured's worldwide. ACE has a market cap of $32.3 billion and is part of the financial sector. Shares are down 6.5% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate ACE a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates ACE as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and impressive record of earnings per share growth. 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 positive front, Protective Life ( PL), up 4.0%, Universal Insurance Holdings ( UVE), up 3.5%, ING Groep N.V ( ING), up 3.3% and CNO Financial Group ( CNO), up 3.2% , were all gainers within the insurance industry with Aflac ( AFL) being today's featured insurance industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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