Here's Why You Should Add Arch Capital (ACGL) to Your Portfolio

Arch Capital Group Ltd.’s (ACGL) shares have rallied 23% in a year, outperforming the industry’s growth of 11.7%, the Finance sector’s rise of 12.3% and the Zacks S&P 500 composite’s increase of 21.9%. With a market capitalization of $28.8 billion, the average volume of shares traded in the last three months was 2 million.Business opportunities, rate increases, growth in existing accounts and a solid capital position continue to drive this Zacks Rank #2 (Buy) insurer’s performance. This leading specialty P& ...