Chubb Rallies 29% YTD but Lags Industry: How to Play the Stock

Shares of Chubb Limited (CB) have rallied 29.1% year to date, outperforming the Finance sector’s increase of 24.1% and the S&P 500 composite’s rise of 26.5%. It, however, underperformed the industry’s increase of 34.3%.CB shares are trading well above the 50-day moving average, indicating a bullish trend. With a capitalization of $116.8 billion, Chubb is one of the world’s largest providers of property and casualty (P&C) insurance and reinsurance and the largest publicly traded P&C insurer.Image Source: Zac ...