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Travelers Draws Wave of Bears as Stock Eyes Best Year Since 2000
Travelers Companies Inc. shares are experiencing their best year in over 25 years, prompting a wave of downgrades from Wall Street as analysts anticipate the stock's gains have peaked.
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Adjacent reporting
- Carry Trades Face Best Conditions Since 2000, Goldman Sachs Says
- Travelers' profit surged as catastrophe losses fell and investment income climbed
- Investors betting the Iran war is ending are buying up travel stocks
- Small-cap stocks just had their best start to a year since 1991. The rest of 2026 could look very different.