Best Insurance Stocks To Watch Now – July 4th

Tesla, UnitedHealth Group, Berkshire Hathaway, Centene, and Wells Fargo & Company are the five Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are publicly traded shares of companies that underwrite risk by issuing insurance policies and collecting premiums. These companies invest the pooled premiums (often called “float”) to generate additional returns. Investors in insurance stocks therefore gain exposure both to underwriting performance and to the insurer’s investment income. These companies had the highest dollar trading volume of any Insurance stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ TSLA traded down $2.09 on Friday, reaching $313.56. The company had a trading volume of 58,042,302 shares, compared to its average volume of 101,137,163. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The firm has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 172.29, a price-to-earnings-growth ratio of 9.17 and a beta of 2.39. The company’s fifty day moving average is $320.36 and its 200-day moving average is $327.07. Tesla has a 1-year low of $182.00 and a 1-year high of $488.54.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of NYSE UNH traded up $1.13 during mid-day trading on Friday, hitting $308.69. The company had a trading volume of 6,161,145 shares, compared to its average volume of 7,543,771. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.71. The firm has a 50-day simple moving average of $327.18 and a two-hundred day simple moving average of $448.90. The company has a market capitalization of $280.03 billion, a PE ratio of 12.93, a price-to-earnings-growth ratio of 1.46 and a beta of 0.45. UnitedHealth Group has a one year low of $248.88 and a one year high of $630.73.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

BRK.B stock traded up $4.35 during midday trading on Friday, reaching $484.83. 3,443,318 shares of the company were exchanged, compared to its average volume of 4,421,492. Berkshire Hathaway has a one year low of $405.03 and a one year high of $542.07. The firm has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 12.92, a price-to-earnings-growth ratio of 3.34 and a beta of 0.83. The business has a 50-day moving average price of $502.28 and a two-hundred day moving average price of $493.01.

Centene (CNC)

Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children’s health insurance program, foster care, medicare-medicaid plans, long-term services and support.

Centene stock traded down $0.51 during trading hours on Friday, hitting $33.28. The company had a trading volume of 33,741,422 shares, compared to its average volume of 5,446,665. Centene has a one year low of $33.30 and a one year high of $80.59. The firm has a market cap of $16.56 billion, a PE ratio of 4.96, a PEG ratio of 0.40 and a beta of 0.44. The firm has a 50-day moving average of $56.42 and a 200 day moving average of $59.22. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 1.11.

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

Shares of NYSE WFC traded up $0.96 during trading hours on Friday, reaching $83.32. 11,237,287 shares of the stock were exchanged, compared to its average volume of 17,353,350. The firm has a market capitalization of $271.12 billion, a price-to-earnings ratio of 14.96, a P/E/G ratio of 1.38 and a beta of 1.16. The stock’s fifty day simple moving average is $75.07 and its 200 day simple moving average is $73.35. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.84 and a current ratio of 0.84. Wells Fargo & Company has a 52 week low of $50.15 and a 52 week high of $83.95.