3 Stocks Advancing The Insurance Industry

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 97 points (0.6%) at 17,481 as of Wednesday, Nov. 5, 2014, 12:20 PM ET. The NYSE advances/declines ratio sits at 1,800 issues advancing vs. 1,144 declining with 202 unchanged.

The Insurance industry currently sits up 0.2% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Aegon ( AEG), up 0.8%, and MetLife ( MET), up 0.9%.

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

3. Lincoln National ( LNC) is one of the companies pushing the Insurance industry higher today. As of noon trading, Lincoln National is up $0.91 (1.7%) to $55.59 on light volume. Thus far, 653,251 shares of Lincoln National exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $55.13-$55.73 after having opened the day at $55.41 as compared to the previous trading day's close of $54.68.

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

Lincoln National Corporation, through its subsidiaries, is engaged in multiple insurance and retirement businesses in the United States. The company operates in Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. Lincoln National has a market cap of $14.2 billion and is part of the financial sector. Shares are up 5.9% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Lincoln National a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lincoln National as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, notable return on equity 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. Get the full Lincoln National Ratings Report now.

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

2. As of noon trading, Allstate ( ALL) is up $0.60 (0.9%) to $65.49 on light volume. Thus far, 784,567 shares of Allstate exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $65.14-$65.50 after having opened the day at $65.48 as compared to the previous trading day's close of $64.89.

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

The Allstate Corporation, through its subsidiaries, provides personal property and casualty insurance, life insurance, and retirement and investment products primarily in the United States. Allstate has a market cap of $27.1 billion and is part of the financial sector. Shares are up 19.0% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Allstate a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Allstate as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Allstate Ratings Report now.

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

1. As of noon trading, Prudential Financial ( PRU) is up $0.76 (0.9%) to $88.80 on light volume. Thus far, 766,987 shares of Prudential Financial exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $88.25-$89.17 after having opened the day at $89.06 as compared to the previous trading day's close of $88.04.

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

Prudential Financial, Inc. provides insurance, investment management, and other financial products and services to individual and institutional customers in the United States and internationally. Prudential Financial has a market cap of $40.2 billion and is part of the financial sector. Shares are down 4.5% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Prudential Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Prudential Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, impressive record of earnings per share growth 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. Get the full Prudential Financial Ratings Report now.

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

If you are interested in one of these 3 stocks, 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).

null

More from Markets

Oil Prices Slammed on U.S. Production Gains

Oil Prices Slammed on U.S. Production Gains

Micron Shares Tumble on Mixed Earnings Results

Micron Shares Tumble on Mixed Earnings Results

Tuesday Turnaround: Fed Up With the Fed Yet?

Tuesday Turnaround: Fed Up With the Fed Yet?

What Is Litecoin? What to Know in 2019

What Is Litecoin? What to Know in 2019

Dow Closes Positive as Stocks Buffeted by Volatile Tuesday Trading

Dow Closes Positive as Stocks Buffeted by Volatile Tuesday Trading