• Return to Headlines

Best Relative Performance in the Property & Casualty Insurance Industry Detected in Shares of Assured Guaranty (AGO , MBI , AMBC , FAF , ORI )

By Shiri Gupta

We looked at the Property & Casualty Insurance industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Assured Guaranty (NYSE:AGO ) ranks first with a gain of 14.43%; Mbia Inc (NYSE:MBI ) ranks second with a gain of 14.24%; and Ambac Financial (NASDAQ:AMBC ) ranks third with a gain of 9.37%.

First American F (NYSE:FAF ) follows with a gain of 7.43% and Old Repub Intl (NYSE:ORI ) rounds out the top five with a gain of 7.29%.

SmarTrend recommended that its subscribers protect gains by selling shares of Old Repub Intl on October 31st, 2019 by issuing a Downtrend alert when the shares were trading at $22.19. Since that call, shares of Old Repub Intl have fallen 31.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance assured guaranty MBIA Inc ambac financial first american f old repub intl