Top 5 Companies in the Multi-line Insurance Industry With the Highest Beta (GNW, HIG, AIG, AIZ, L)
Below are the three companies in the Multi-line Insurance industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Genworth Financial ranks highest with a a beta of 1.6. Hartford Financial Services is next with a a beta of 1.1. American International ranks third highest with a a beta of 1.1.
Assurant follows with a a beta of 1.0, and Loews rounds out the top five with a a beta of 0.9.
SmarTrend recommended that subscribers consider buying shares of Genworth Financial on August 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $3.53. Since that recommendation, shares of Genworth Financial have risen 20.3%. We continue to monitor Genworth Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta genworth financial Hartford Financial Services american international assurant loews