Top Insurance Stocks Worth Watching - August 4th

Key Points

• Tesla, Berkshire Hathaway, and UnitedHealth Group are highlighted as top insurance stocks to watch, exhibiting high trading volumes recently.
• Tesla's stock experienced a mid-day trading increase, reaching $310.70, with a market capitalization of $1.00 trillion and notable trading metrics including a P/E ratio of 179.21.
• Berkshire Hathaway shares declined to $455.80, still reflecting a solid market capitalization of $983.31 billion and a low beta of 0.81, indicating less volatility.

Tesla, Berkshire Hathaway, and UnitedHealth Group are the three Insurance stocks to watch today, according to MarketBeat's stock screener tool. Insurance stocks are shares of publicly traded companies that underwrite and sell insurance policies—such as life, health, property, or casualty coverage—to individuals and businesses. By buying these shares, investors gain a stake in the insurer’s underwriting profits, investment income and overall risk-management performance. Their market value is influenced by factors like claim payouts, interest rate movements, regulatory changes and broader economic conditions. 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.

Tesla stock traded up $8.07 during mid-day trading on Monday, hitting $310.70. 65,048,060 shares of the company were exchanged, compared to its average volume of 107,617,180. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07. The business has a fifty day moving average of $322.22 and a 200 day moving average of $310.31. Tesla has a 1-year low of $182.00 and a 1-year high of $488.54. The company has a market capitalization of $1.00 trillion, a PE ratio of 179.21, a price-to-earnings-growth ratio of 10.63 and a beta of 2.33.

Read Our Latest Research Report on TSLA

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.

Shares of NYSE:BRK.B traded down $17.04 during midday trading on Monday, reaching $455.80. The company's stock had a trading volume of 7,851,837 shares, compared to its average volume of 4,879,904. Berkshire Hathaway has a fifty-two week low of $406.11 and a fifty-two week high of $542.07. The company has a market capitalization of $983.31 billion, a P/E ratio of 12.14, a P/E/G ratio of 3.29 and a beta of 0.81. The business's fifty day simple moving average is $485.54 and its 200-day simple moving average is $497.10.

Read Our Latest Research Report on BRK.B

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.

Shares of NYSE:UNH traded up $3.44 during midday trading on Monday, reaching $241.21. The company's stock had a trading volume of 13,650,419 shares, compared to its average volume of 12,007,752. The company has a market capitalization of $218.81 billion, a P/E ratio of 10.46, a P/E/G ratio of 1.50 and a beta of 0.43. UnitedHealth Group has a fifty-two week low of $234.60 and a fifty-two week high of $630.73. The business's fifty day simple moving average is $296.86 and its 200-day simple moving average is $414.69. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85.

Read Our Latest Research Report on UNH

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