2 Highly Ranked Insurance Stocks That May Keep Soaring
Mercury General(MCY) ZACKS·2024-10-01 08:31
Insurance stocks continue to stand out among the financial sector with quite a few making their way onto the Zacks Rank #1 (Strong Buy) list. To that point, many insurance industries are expected to benefit from rate cuts, which will likely reduce the borrowing costs for insurance companies. Furthermore, lower interest rates should increase consumer spending for insurance-related products. Keeping this in mind, Axis Capital Holdings AXS and Mercury General ((MCY) are two of these highly-ranked insurance sto ...