According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best property & casualty insurance stocks to buy right now are:
1. Prudential (NYSE:PUK)
Prudential (NYSE:PUK) is the #1 top property & casualty insurance stock out of 17 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Prudential (NYSE:PUK) is: Value: C, Growth: B, Momentum: A, Sentiment: A, Safety: C, Financials: C, and AI: B.
Prudential (NYSE:PUK) has a Due Diligence Score of 45, which is 9 points higher than the property & casualty insurance industry average of 36.
PUK passed 17 out of 38 due diligence checks and has strong fundamentals. Prudential has seen its stock return 37.25% over the past year, overperforming other property & casualty insurance stocks by 19 percentage points.
2. Globe Life (NYSE:GL)
Globe Life (NYSE:GL) is the #2 top property & casualty insurance stock out of 17 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Globe Life (NYSE:GL) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: B.
Globe Life (NYSE:GL) has a Due Diligence Score of 37, which is 1 points higher than the property & casualty insurance industry average of 36.
GL passed 16 out of 38 due diligence checks and has average fundamentals. Globe Life has seen its stock return 50.05% over the past year, overperforming other property & casualty insurance stocks by 32 percentage points.
Globe Life has an average 1 year
price target of $136.86, an upside of 10.11% from Globe Life's current stock price of $124.29.
Globe Life stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Globe Life, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Abacus Global Management (NASDAQ:ABL)
The Component Grade breakdown for Abacus Global Management (NASDAQ:ABL) is: Value: C, Growth: A, Momentum: C, Sentiment: B, Safety: F, Financials: C, and AI: D.
Abacus Global Management (NASDAQ:ABL) has a Due Diligence Score of 20, which is -16 points lower than the property & casualty insurance industry average of 36.
ABL passed 7 out of 33 due diligence checks and has weak fundamentals. Abacus Global Management has seen its stock lose -42.89% over the past year, underperforming other property & casualty insurance stocks by -61 percentage points.
Abacus Global Management has an average 1 year
price target of $13.50, an upside of 162.65% from Abacus Global Management's current stock price of $5.14.
Abacus Global Management stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Abacus Global Management, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.