Actionable news
0
All posts from Actionable news
Actionable news in PGR: PROGRESSIVE CORPORATION,

The 10 Best Financial Stocks in the Third Quarter

NEW YORK (TheStreet) -- Financial services stocks underperformed the broader markets in the third quarter, but the stocks with the best returns were mainly insurance companies and real-estate investment trusts.

The S&P 500 Financials Index fell 7.2% for the three-month period, ending Sept. 30, slightly worse than the broader S&P 500, which fell 6.9% -- its worst quarterly performance in four years -- as a result of the quarter's choppy markets.

But the sector had some clear winners. Here are the 10 best-performing financial stocks in the third quarter, paired with TheStreet Ratings to let you know if you should still buy these stocks in the final quarter of the 2015.

TheStreet Ratings uses a quantitative approach to rating over 4,300 stocks to predict return potential for the next year. The model is both objective, using elements such as volatility of past operating revenues, financial strength, and company cash flows, and subjective, including expected equities market returns, future interest rates, implied industry outlook and forecasted company earnings.

Must Read: The 10 Worst S&P 500 Stocks in...


More