Best Insurance Stocks To Watch Now – July 16th

Tesla, UnitedHealth Group, Wells Fargo & Company, Berkshire Hathaway, and SoFi Technologies are the five Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are equity shares of publicly traded insurance companies that underwrite and sell risk-transfer products such as life, health, property and casualty policies. Investors in these stocks gain exposure to the insurers’ premium income and investment returns—often receiving dividends—while performance can be influenced by claim levels, interest rates and regulatory changes. 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.

Tesla stock traded up $10.79 during mid-day trading on Wednesday, hitting $321.57. The stock had a trading volume of 77,500,415 shares, compared to its average volume of 99,154,751. The firm has a market capitalization of $1.04 trillion, a P/E ratio of 176.58, a P/E/G ratio of 9.43 and a beta of 2.39. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The firm’s 50 day moving average is $324.04 and its 200 day moving average is $318.47. Tesla has a one year low of $182.00 and a one 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.

UNH stock traded up $1.50 during mid-day trading on Wednesday, hitting $293.21. The company had a trading volume of 6,607,450 shares, compared to its average volume of 7,755,657. The company has a market capitalization of $265.98 billion, a price-to-earnings ratio of 12.31, a P/E/G ratio of 1.44 and a beta of 0.45. UnitedHealth Group has a 12-month low of $248.88 and a 12-month high of $630.73. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average price of $310.37 and a 200 day moving average price of $437.45.

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.

WFC stock traded up $0.98 during mid-day trading on Wednesday, hitting $79.84. The company had a trading volume of 21,534,956 shares, compared to its average volume of 17,407,082. The company has a market capitalization of $259.80 billion, a price-to-earnings ratio of 14.35, a P/E/G ratio of 1.41 and a beta of 1.16. Wells Fargo & Company has a 12-month low of $50.15 and a 12-month high of $83.95. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.06. The company has a 50-day moving average price of $76.72 and a 200 day moving average price of $74.01.

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 $2.17 during mid-day trading on Wednesday, hitting $472.30. The company had a trading volume of 2,312,782 shares, compared to its average volume of 4,417,346. The company has a 50-day moving average price of $494.14 and a 200 day moving average price of $494.54. The company has a market capitalization of $1.02 trillion, a price-to-earnings ratio of 12.59, a P/E/G ratio of 3.31 and a beta of 0.83. Berkshire Hathaway has a 12-month low of $406.11 and a 12-month high of $542.07.

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

Shares of NASDAQ SOFI traded up $0.42 during mid-day trading on Wednesday, hitting $21.38. 46,770,780 shares of the company’s stock traded hands, compared to its average volume of 53,430,552. The company’s 50-day moving average is $15.48 and its two-hundred day moving average is $14.26. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.14. The company has a market capitalization of $23.63 billion, a P/E ratio of 52.15, a PEG ratio of 3.59 and a beta of 1.91. SoFi Technologies has a 1 year low of $6.01 and a 1 year high of $21.86.