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Stock impact report

3 Reasons RNR is Risky and 1 Stock to Buy Instead [Yahoo! Finance]

RenaissanceRe Holdings Ltd. (RNR) 
Last renaissancere holdings ltd. earnings: 2/4 05:23 pm Check Earnings Report
US:NYSE Investor Relations: renre.com
Company Research Source: Yahoo! Finance
Its shares have yielded a 12.8% return over the last six months, beating the S&P 500 by 15.1%. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move. Is now the time to buy RenaissanceRe, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it's free Why Is RenaissanceRe Not Exciting? We're happy investors have made money, but we don't have much confidence in RenaissanceRe. Here are three reasons we avoid RNR and a stock we'd rather own. 1. Revenue Projections Show Stormy Skies Ahead Forecasted revenues by Wall Street analysts signal a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite. Over the next 12 months, sell-side analysts expect RenaissanceRe's revenue to drop by 12.2%, a decrease from its 18.6% annualized Show less Read more
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