Arch Capital Group Ltd. (NASDAQ:ACGL) is among the best low-risk stocks to buy now. During the second quarter, High Ground Investment Management LLP expanded its holdings in the shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 24.9%, according to the disclosure with the SEC. Following the acquisition of 329,968 shares, the institutional advisor now owns 1,656,517 shares of the company’s stock, valued at approximately $150,826,000.
Although the shares of Arch Capital Group Ltd. (NASDAQ:ACGL) have performed somewhat poorly over the past year, what lies ahead looks quite different. In its latest earnings call, management highlighted its focus on managing growth in selective areas where pricing is strong, particularly in Florida.
The company’s business model is quite interesting. Arch Capital Group Ltd. (NASDAQ:ACGL) spans diverse niches within both insurance and reinsurance, positioning it well to shift capital wherever the returns are higher. Rather than chasing growth, the company is maximizing profitability, which reflects its emphasis on shareholder value.
Arch Capital Group Ltd. (NASDAQ:ACGL), headquartered in Pembroke, Bermuda, is a company that offers insurance, reinsurance, and mortgage insurance products. Founded in 1995, the company is dedicated to sustainable financial growth.
While we acknowledge the potential of ACGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.