Loews Stock: Is L Outperforming the Financial Services Sector?
With a market cap of 21.2 billion, New York-based Loews Corporation (L) provides commercial property and casualty insurance in the US and internationally. The company offers specialty insurance products, such as management & professional liability, coverage products, surety & fidelity bonds, risk management solutions, and more. Companies worth 10 billion or more are generally described as “large-cap stocks.” Loews fits right into that category, with its market cap exceeding this threshold, reflecting i ...