Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 51 points (-0.3%) at 18,140 as of Monday, May 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,286 issues advancing vs. 1,726 declining with 119 unchanged.
The Insurance industry currently sits up 0.1% versus the S&P 500, which is down 0.2%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3. Aegon ( AEG) is one of the companies pushing the Insurance industry higher today. As of noon trading, Aegon is up $0.17 (2.1%) to $8.10 on average volume. Thus far, 785,536 shares of Aegon exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $8.02-$8.10 after having opened the day at $8.02 as compared to the previous trading day’s close of $7.93.
Aegon N.V. provides life insurance, pensions, and asset management services. The company operates through the Americas, the Netherlands, the United Kingdom, and New Markets. Aegon has a market cap of $21.2 billion and is part of the financial sector. Shares are up 5.7% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Aegon a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates Aegon as a buy. The company’s strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Aegon Ratings Report now.