FBR Capital rated Mkt Perform Tower Group, Inc. (NASDAQ: TWGP) on 10/08/2013. Previously FBR Capital rated Outperform Tower Group, Inc. (NASDAQ: TWGP) on 06/11/2013., when the stock price was $20.07. Since then, Tower Group, Inc. has lost 42.90% as of 09/18/2013's recent price of $11.46.
If you would have followed the previous FBR Capital's recommendation on TWGP, you would have lost 42.89% of your investment in 99 days.

Tower Group Inc operates through two subsidiaries, Tower Insurance Company of New York, a New York licensed property and casualty insurer, and Tower Risk Management Corporation, an insurance services provider. Tower offers property and casualty commercial and personal lines products and services in select markets not well served by other carriers.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.

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