Shares of AXIS Capital Holdings (AXS) have rallied 38.4% year to date, compared with the industry’s increase of 26.2%, the Finance sector’s rise of 13.4% and the Zacks S&P 500 composite’s rise of 18.2%. With a market capitalization of $2.8 billion, the average volume of shares traded in the last three months was 0.5 million.A compelling and diversified product portfolio, underwriting excellence, digital capabilities and solid capital position continue to drive the Zacks Rank #1 (Strong Buy) specialty and gl ...

The Zacks Insurance industry is undervalued than the Zacks S&P 500 composite and the Zacks Finance sector. The insurance industry’s price-to-book (the best multiple for valuing insurers because of their unpredictable financial results) of 1.57 was less than the Zacks S&P 500 composite’s P/B of 8.57 and the sector’s P/B of 3.65. Such below-market positioning hints at room for an upside in the days ahead.Image Source: Zacks Investment ResearchImage Source: Zacks Investment ResearchThus, before their valuation ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 19th:UCB (UCBJF) : This biopharmaceutical and specialty chemical company that specializes in providing therapy for central nervous system disorders, including epilepsy, diabetic neuropathic pain, sclerosis and Parkinson's disease, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.UCB’s shares gained 25.5% ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 19th:  Axis Capital Holdings (AXS) : This company which provides a broad range of specialty insurance and reinsurance solutions to its clients on a worldwide basis, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.Axis Capital Holdings' has a price-to-earnings ratio (P/E) of 7.03 compared with 15.20 ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Seagate Technology (STX) : This company which is leading provider of data storage technology and infrastructure solutions, has seen the Zacks Consensus Estimate for its current year earnings increasing 30.2% over the last 60 day.Sterling Infrastructure, Inc. (STRL) : This company which operates through subsidiaries within segments specializing in E-Infrastructure, Building and Transportation Solutions principally in the United States, h ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Investors with an interest in Insurance - Property and Casualty stocks have likely encountered both Axis Capital (AXS) and Selective Insurance (SIGI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Styl ...

PM Images We rated AXIS Capital Holdings Limited (NYSE:AXS) a buyback in May 2023. It has not only kept up with, but also slightly outperformed the broader market since then. Seeking Alpha Back in May 2023, it lagged the broader reinsurance sector. That played a part in our persisting with a buy rating for this company (we also had this as a buyback in July 2022). Our confidence in this reinsurance business was justified and this time around AXS leads the pack, with the majority of the outperformance versus ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 15th:Latham Group, Inc. (SWIM) : This maker of residential swimming pools has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 150% over the last 60 days.Latham’s shares gained 44.1% over the last three months compared with the S&P 500’s advance of 2.9%. The company possesses a Momentum Score  of B.Nomura Research Institute, Ltd. (NRILY) : This co ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Axis Capital (AXS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Axis Capital is a member of our Finance group, which includes 860 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual st ...