Reported 2 days ago
Chubb Limited (NYSE:CB) recently achieved an all-time high, prompting Jim Cramer to highlight the strong performance of the insurance sector, citing it as 'on fire.' He noted that domestic insurers like Chubb are positioned well amid current economic uncertainties and tariffs, driving up their stock prices. Cramer suggested that the market's volatility is linked to investor sentiment regarding the current administration, but hinted at a possible turning point for optimism as mixed economic signals emerge.
Source: YAHOO