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3 Insurance Stocks to Buy Now

SIGI, KMPR, AXS improve in weekly rankings


This week, three Insurance stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Selective Insurance Group (NASDAQ:SIGI) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Selective Insurance Group offers property and casualty insurance products and services the eastern and midwestern regions of the United States. In Portfolio Grader’s specific subcategories of Earnings Momentum and Margin Growth, SIGI also gets A’s. Shares of SIGI have increased 8.3% over the past month, better than the 2.3% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SIGI stock.

The rating of Kemper Corp. (NYSE:KMPR) moves up this week, rising from a C to a B. Kemper specializes in property and casualty, life, health, and accident insurance products and services. Wall Street has pushed the stock higher by 8.1% over the past month. For more information, get Portfolio Grader’s complete analysis of KMPR stock.

This week, AXIS Capital Holdings (NYSE:AXS) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Axis Capital Holdings provides various insurance and reinsurance products to worldwide operations. Wall Street seems to agree with the upgrade and has propelled the stock up 9.1% over the past month. The stock currently has a trailing PE Ratio of 8.20. For more information, get Portfolio Grader’s complete analysis of AXS stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.

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