Is Loews Stock Underperforming the Nasdaq?

With a market cap of $22 billion, New York-based Loews Corporation (L) is a diversified company that provides commercial property and casualty insurance in the United States and internationally through its subsidiaries. It offers a wide range of specialty and standard insurance products, along with risk management services, catering to businesses, professionals, and the healthcare sector.

Companies valued at more than $10 billion are generally considered “large-cap” stocks, and Loews fits this criterion perfectly. Beyond insurance, the company is involved in energy transportation, hospitality, and the manufacturing of plastic containers and resins.