Insurance Stocks To Consider - August 17th

Key Points

• Tesla, UnitedHealth Group, Berkshire Hathaway, and others are highlighted as key insurance stocks to watch due to recent high trading volumes.
• UnitedHealth Group saw a significant stock increase of $32.53, reaching $304.02, and has a market cap of $275.34 billion.
• Berkshire Hathaway maintains a market capitalization of $1.03 trillion, with a recent stock price of $477.54 and a P/E ratio of 16.37.

Tesla, UnitedHealth Group, Berkshire Hathaway, Opendoor Technologies, Caterpillar, Intuit, and Wells Fargo & Company are the seven Insurance stocks to watch today, according to MarketBeat's stock screener tool. Insurance stocks are shares of publicly traded companies whose primary business is underwriting risk, such as life, health, property or casualty insurance. Investors buy these stocks to gain exposure to the insurance sector’s revenue from premiums and investment income, often seeking stable dividends and long-term capital growth. Performance can be influenced by factors like claim trends, 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.

NASDAQ:TSLA traded down $5.02 during mid-day trading on Friday, reaching $330.56. The stock had a trading volume of 74,099,060 shares, compared to its average volume of 90,268,784. The business has a 50 day simple moving average of $320.41 and a 200 day simple moving average of $305.24. Tesla has a twelve month low of $202.59 and a twelve month high of $488.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.55 and a current ratio of 2.04. The firm has a market capitalization of $1.07 trillion, a price-to-earnings ratio of 191.08, a PEG ratio of 11.49 and a beta of 2.33.

Read Our Latest Research Report on TSLA

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 traded up $32.53 during trading on Friday, hitting $304.02. The company's stock had a trading volume of 67,934,484 shares, compared to its average volume of 19,286,994. The stock has a market cap of $275.34 billion, a PE ratio of 13.17, a PEG ratio of 1.96 and a beta of 0.43. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. The firm's 50 day moving average price is $288.91 and its 200-day moving average price is $396.85. UnitedHealth Group has a twelve month low of $234.60 and a twelve month high of $630.73.

Read Our Latest Research Report on UNH

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.

NYSE:BRK.B traded down $1.68 on Friday, reaching $477.54. The stock had a trading volume of 5,226,998 shares, compared to its average volume of 4,840,156. Berkshire Hathaway has a 12-month low of $437.90 and a 12-month high of $542.07. The company has a 50-day moving average of $479.34 and a 200 day moving average of $497.02. The stock has a market cap of $1.03 trillion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 3.32 and a beta of 0.81.

Read Our Latest Research Report on BRK.B

Opendoor Technologies (OPEN)

Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes. The company's product offerings comprise sell to opendoor product that enables homeowners to sell their home directly to it and resell the home to a home buyer; list with opendoor product that allows customers to list their home on the MLS with opendoor and receive cash offer; and opendoor marketplace product that connects the home seller with an institutional or retail buyer.

Shares of NASDAQ:OPEN traded up $0.13 during trading hours on Friday, hitting $3.17. The stock had a trading volume of 415,200,449 shares, compared to its average volume of 264,941,024. Opendoor Technologies has a 1-year low of $0.51 and a 1-year high of $4.97. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.97 and a current ratio of 4.35. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of -7.37 and a beta of 3.02. The stock's fifty day simple moving average is $1.40 and its 200 day simple moving average is $1.17.

Read Our Latest Research Report on OPEN

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Caterpillar stock traded down $10.09 during midday trading on Friday, reaching $407.41. The stock had a trading volume of 3,105,803 shares, compared to its average volume of 3,164,488. The firm's fifty day simple moving average is $399.63 and its two-hundred day simple moving average is $355.92. The firm has a market cap of $190.86 billion, a price-to-earnings ratio of 20.72, a PEG ratio of 2.43 and a beta of 1.40. Caterpillar has a twelve month low of $267.30 and a twelve month high of $441.15. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.34 and a quick ratio of 0.81.

Read Our Latest Research Report on CAT

Intuit (INTU)

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.

INTU traded up $6.10 during trading on Friday, hitting $716.74. The stock had a trading volume of 1,751,380 shares, compared to its average volume of 1,618,337. The firm has a market cap of $199.93 billion, a PE ratio of 58.18, a P/E/G ratio of 2.76 and a beta of 1.28. Intuit has a 12 month low of $532.65 and a 12 month high of $813.70. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.29. The company has a 50 day simple moving average of $763.75 and a 200-day simple moving average of $671.53.

Read Our Latest Research Report on INTU

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.

Shares of NYSE:WFC traded down $2.32 on Friday, hitting $77.09. 15,374,441 shares of the company were exchanged, compared to its average volume of 15,525,808. The firm has a market capitalization of $246.95 billion, a price-to-earnings ratio of 13.20, a PEG ratio of 1.20 and a beta of 1.20. The company's 50 day moving average price is $79.21 and its two-hundred day moving average price is $74.97. Wells Fargo & Company has a one year low of $50.22 and a one year high of $84.83. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.83 and a current ratio of 0.84.

Read Our Latest Research Report on WFC

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