Chubb (CB) Rallies 37% in a Year: More Room for Upside?
CBChubb(CB) ZACKS·2024-08-22 01:32

Shares of Chubb Limited (CB) have gained 36.6% in a year, outperforming the industry’s 28.7% growth. The Finance sector and the S&P 500 Composite have risen 27.7% and 27.6%, respectively, in the said time frame. The average volume of shares traded in the last three months was 1.4 million.A compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and a solid capital position drive this Zacks Rank #3 (Hold) insurer. Chubb is one of the world’s larges ...