TheStreet.com RealMoney

I'd Sell the Insurers

By Jim Cramer

About this article:
Annuity stocks, insurance stocks, leasing stocks, all possible TARP beneficiaries ramped last week, and while I am a big believer that many companies don't deserve to give back those gains, there's a bizarre relative strength to some of these stocks -- CIT , Principal Financial and Lincoln National -- vs. what I would expect. Prudential and Met are down, but they aren't down as much as I would have anticipated either. Hartford's getting hit, for certain, but that's the weakest of all. I am not counting zombie Genworth . This group's got a huge headwind against it -- the crummy market -- because they have not denied that they are hedged poorly against those declines. Many have big exposure to commercial real estate, which everyone knows from looking at the REITs is the next shoe to fall. They also have difficulty getting...

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