Insurance Stocks Taking Financial Stocks Higher: UNH, MET, HUM, HIG, JEF

Through early trading on Wednesday, October 5, 2011, these stocks are helping the Financial (NYSE:XLF) sector today. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

UnitedHealth Group Inc. (NYSE:UNH) is one of the top price gainers. Its stock price is $43.67, which is 89 cents (+2.1%) above the previous close of $42.78. UnitedHealth Group designs products, provides services and applies technologies that improve access to health and well-being services.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $7.98 (-15.7%) from $50.76 to $42.78. The stock price saw one of its best stretches over the last year between December 27, 2010 and January 7, 2011 when shares rose for 10 straight trading days, rising 8.2% (+$2.88). It saw one of its worst periods between May 18, 2011 and May 26, 2011 when shares fell for seven straight trading days, falling 5.7% (-$2.89).

MetLife, Inc. (NYSE:MET) is among the top price gainers in the sector. Its shares are trading at $27.96, up 47 cents (+1.7%) from the previous close of $27.49. MetLife provides individual insurance, employee benefits, and financial services throughout the United States and the regions of Latin America, Europe, and Asia Pacific.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $14.51 (-34.5%) from $42 to $27.49. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six straight trading days, rising 10.6% (+$3.16). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 20.6% (-$8.47).

Humana Inc. (NYSE:HUM) is among the sector price gainers, as its shares are trading at $70.04, up $1.61 (+2.4%) from the previous close of $68.43. Humana is a managed health care company that offers health and supplemental benefit products.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $11.19 (-14.1%) from $79.62 to $68.43. The stock price saw one of its best stretches over the last year between October 6, 2010 and October 18, 2010 when shares rose for nine straight trading days, rising 11.8% (+$5.80). It saw one of its worst periods between September 27, 2011 and October 4, 2011 when shares fell for six straight trading days, falling 13.6% (-$10.73).

Hartford Financial Services Group Inc. (NYSE:HIG) is among the top price gainers in the sector. Its shares are trading at $16.14, up 26 cents (+1.6%) from the previous close of $15.88. Hartford Financial Services Group provides investment products and insurance products in the United States.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $9.09 (-36.4%) from $24.97 to $15.88. It saw one of its worst periods between August 15, 2011 and August 23, 2011 when shares fell for seven straight trading days, falling 18.6% (-$3.82). The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 11.1% (+$2.69).

Jefferies Group Inc. (NYSE:JEF) is among the sector price gainers, as its shares are trading at $12.32, up 22 cents (+1.8%) from the previous close of $12.10. Jefferies Group and its subsidiaries operate as independent, full-service global securities and investment banking firm serving companies and their investors.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $8.44 (-41.1%) from $20.54 to $12.10. The stock price saw one of its best stretches over the last year between April 19, 2011 and April 28, 2011 when shares rose for seven straight trading days, rising 5.7% (+$1.31). It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six straight trading days, falling 17% (-$2.54).

 

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