Chart of the Day - Chubb Corp. (CB)

The "Chart of the Day" is Chubb Corp. (CB), which showed up on Monday's Barchart "All Time High" list. Chubb on Monday posted a new all-time high of $74.40 and closed +1.21%. TrendSpotter has been Long since April 2 at $69.80. In recent news on the stock, Bernstein on May 1 upgraded Chubb to Market Perform from Underperform and raised the target to $71 from $58, citing improving industry pricing and valuation. Chubb on April 19 reported Q1 EPS of $1.70 versus the consensus of $1.52. Evercore on April 17 downgraded Chubb to Equal Weight from Overweight on valuation and slower industry growth. Chubb Corp, with a market cap of $20 billion, is principally engaged in the property and casualty insurance business.