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Loews Corp - L trading signal

U.S. stock price signals and analysis

Good morning Traders,

With the close of February 6, Lift-Off confirms a LONG trading signal on the U.S. stock Loews Corp (Ticker: L) listed on the NYSE and part of the S&P500 (SPX)

The stock closed at USD 61.58 per share, marking a +2.47%.

Below chart of Loews Corp - L- with the signal detected by Lift-Off 

The company is active in the "Finance" industry particularly in the "Property/Casualty Insurance Industry"

Profile

Loews Corporation is a diversified holding company with interests in various industries including insurance, energy, real estate and consumer goods. The company was founded in 1929 and is headquartered in New York, NY. Loews is the owner of many successful companies, including Diamond Offshore Drilling, Inc, Boardwalk Pipeline Partners LP and CNA Financial Corporation. The company has a market capitalization of about $20 billion and a global presence with operations in the United States, Europe and Asia. Loews is known for its focus on risk management and its ability to generate consistent returns for its shareholders. The company has a long history of success and continued growth, and is committed to providing innovative solutions and investing in long-term growth opportunities.

Next earnings announcement for Q1 2023:May 1, 2023

Q4 2022 Results

EPS: Reported 1.77 / Expected 1.77 / Previous 0.95

Earnings: Reported 3.79B/ Expected 3.79B/ Previous 3.46B

Financial Overview: L's current market capitalization amounts to 14.269B USD.

Accounts, including revenue, expenses, profit and loss:L's total revenue for the latest quarter is 3.79B USD, up 9.59% from the previous quarter. Net income in Q4 22 is 364.00M USD.

Overview data and accounts source: Tradingview.com

February 7, 2023

LONG - Loews Corp - L

Input price: 61.58 USD (and any price)

Important:

We would like to remind you that the chosen signal was identified from those detected by the Lift-Off indicator, which you can view in the "Signals" section of our website. However, we will NOT provide any guidance on how to handle the trade.
We recommend that you handle the trades as shown during our professional courses on using the platform, available at the following link: https://it.largetrader.com/eventi