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Hartford Financial: A Massive Rally, And The Earnings Story Is Still There
HIGThe Hartford(HIG) Seeking Alpha·2024-09-10 06:12

DenisTangneyJr/E+ via Getty Images Insurance equities have been one of the leading areas of the US stock market so far this year. The iShares US Insurance ETF (IAK) is higher by 27% even after a modest pullback to begin September, outpacing the S&P 500 by more than 12 percentage points. More broadly, Financials stocks, as measured by the SPDR Financials Select Sector ETF (XLF) have been a second-half winner as the growth trade has taken a backseat to value. Digging into the insurance slice of Financials, I ...