Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments.
Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Skyward Specialty Insurance (NASDAQ:SKWD) and the rest of the property & casualty insurance stocks fared in Q1.
Companies that consistently increase their sales, margins, or returns on capital are usually rewarded with the best returns,
and those that can do all three for years on end are almost always the legendary stocks that return 100 times your money.
The property and casualty insurance industry appears to be undervalued compared with the S&P 500 composite. Such a market positioning hints at room for upside in the coming quarters. Thus, here is a look at some stocks in the industry.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
