Top 10 Insurance Stocks To Own Right Now

Top 10 Insurance Stocks To Own Right Now: Genworth Financial Inc (GNW)

Genworth Financial, Inc., a financial security company, provides insurance, wealth management, investment, and financial solutions in the United States and internationally. The company offers various insurance and fixed annuity products, including life and long-term care insurance products; payment protection insurance products for consumers primarily to meet specified payment obligations; and wealth management products, such as managed account programs with advisor support and financial planning services. It also provides mortgage insurance products and related services to insure prime-based, individually underwritten residential mortgage loans or flow mortgage insurance; and mortgage insurance on a structured or bulk basis, as well as offers services, analytical tools, and technology that enable lenders to operate and manage risk. In addition, the company provides institutional products consisting of funding agreements, funding agreements backing notes, and guaranteed in vestment contracts. Genworth Financial, Inc. distributes its products and services through financial intermediaries, advisors, independent distributors, affinity groups, and sales specialists. The company was founded in 2003 and is headquartered in Richmond, Virginia.

Advisors' Opinion:

• [By Garrett Cook]

  Shares of Genworth Financial (NYSE: GNW) were down 35.89 percent to $9.02 following Wednesday's earnings miss.

  Web.com Group (NASDAQ: WWWW) shares tumbled 21.63 percent to $15.87 after the company reported Q3 earnings of $0.63 per share on revenue of $143.80 million and announced a $100 million stock repurchase authorization. JP Morgan downgraded Web.com Group from Overweight to Neutral and lowered the price target from $35.00 to $20.00.

• [By Ben Levisohn]

  When a stock loses a third of its v! alue in one day, it’s fair to say that something has gone very wrong. In the case of Genworth Financial (GNW), you might want to add a few very’s.

• [By Ben Levisohn]

  Genworth Financial (GNW) has plunged 23% to $10.86 after the insurance company suffered a massive loss due to the rising costs of its long-term care insurance business.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-insurance-stocks-to-own-right-now-2.html