Insurance Stocks On The Rise With Help From 3 Stocks

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 16,515 as of Thursday, April 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,645 issues advancing vs. 1,332 declining with 182 unchanged.

The Insurance industry currently sits up 0.2% versus the S&P 500, which is up 0.3%. A company within the industry that increased today was Manulife Financial Corporation ( MFC), up 0.9%. A company within the industry that fell today was Aflac ( AFL), up 0.8%.

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

3. Loews ( L) is one of the companies pushing the Insurance industry higher today. As of noon trading, Loews is up $0.55 (1.2%) to $44.38 on light volume. Thus far, 388,599 shares of Loews exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $43.94-$44.40 after having opened the day at $43.95 as compared to the previous trading day's close of $43.83.

Loews Corporation operates primarily as a commercial property and casualty insurance company. Loews has a market cap of $17.0 billion and is part of the financial sector. Shares are down 9.1% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Loews a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Loews as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and relatively poor performance when compared with the S&P 500 during the past year. Get the full Loews Ratings Report now.

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Loews Corp. Acquiring Consolidated Container for $1.2 Billion