Is Loews Stock Outperforming the Nasdaq?

With a market cap of $18.5 billion, New York-based Loews Corporation (L) is a diversified holding company with subsidiaries operating across several industries. Its businesses include commercial property and casualty insurance through CNA Financial, offshore oil and gas drilling via Diamond Offshore Drilling, and natural gas transportation and storage through Boardwalk Pipeline Partners. 

Companies valued at more than $10 billion are generally considered “large-cap” stocks, and Loews fits this criterion perfectly. Loews owns and operates a chain of 25 hotels under Loews Hotels Holding Corporation and is involved in the manufacturing of plastic containers and resins.