Arch Capital Rallies 35% YTD: How Should You Play the Stock?

Shares of Arch Capital Group Ltd. (ACGL) have rallied 34.7% year to date, compared with the industry’s increase of 33.8%, the Finance sector’s rise of 24% and the Zacks S&P 500 composite’s rise of 25.7%. With a market capitalization of $37.6 billion, the average volume of shares traded in the last three months was 1.9 million.New business opportunities, rate improvement, growth in existing accounts and a solid capital position are driving this leading specialty P&C and mortgage insurer. ACGL vs Industry, Se ...