Shares of life insurance and annuity companies are having a rough year. Many insurers are trading at about half their book value and less than 10 times next year’s earnings. One of the reasons investors have been shunning Life Insurance companies is that these companies are regulated to keep most of their reserve... Read more
Posts Tagged ‘PRU’
Insurance Stock Solid Like A Rock, Priced Like A Pebble
August 30 | Posted by Kevin Monaghan | Top Story Tags: Life Insurance Companies, PRU, Prudential Financial, Universal Life Insurance, Value Investing, Variable Universal Life Insurance, Whole Life Insurance
Life, Property and Casualty Companies Still Good Value
August 5 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: Book Value, Credit Cards, DFS, Discover Card, Discover Financial Services, Hartford, HIG, Life Insurance Companies, Lincoln, LNC, Manulife, MET, MetLife, MFC, PRU, Prudential, SLF, Sun Life, Travelers, TRV, Value Investing, Value StocksDuring the Great Recession we were bullish on credit card companies due to the fact that we expected people would walk away from undervalued homes with their credit cards intact. They did. Credit Card companies, like Discover Financial Services (DFS), fell over 80% during the credit crisis and provided a great buying opportunity... Read more
Is The Banking Sector To Blame For Latest Market Pullback?
June 7 | Posted by Kevin Monaghan | Top Story Tags: Amazon.Com, AMZN, BAC, Bank of America, Bank Stocks, C, Citi, Financial Stocks, JP Morgan Chase, JPM, Manulife, MFC, PRU, Prudential, Stocks, Travelers, TRV, V, Visa, XLFIf you’re looking for someone to point the finger at for the recent market pullback, financial stocks deserve a large portion of the blame. It’s not really their fault though. Banking stocks, like many industries these days, are facing potential legislation from Congress that is still up in the air, but it’s looking... Read more
Elite Inside Trader – Market Weekly Round Up
April 17 | Posted by Kevin Monaghan | Top Story Tags: AA, AAPL, Alcoa, Apple, AT&T, BAC, Bank of America, China Mobile, CHL, Commodities, Earnings Season, F, Ford, Gold, Goldman Sachs, Healthcare, Inflation, JNJ, Johnson & Johnson, JP Morgan Chase, JPM, Oil, PRU, Prudential, Silver, T, UBS, US DollarApril 11th – April 15th The week was highlighted by the start of earnings season, inflation concerns, and an announcement from Goldman and Sach’s. Alcoa kicked off the earnings season with in-line numbers and news that higher costs for energy were cutting into profits. Higher costs could be a concern as inflation persists. ... Read more
Global Sell Off! Time To Panic Or Time To Buy?
March 16 | Posted by Kevin Monaghan | Top Story Tags: Advanced Micro Devices, AMD, American Express, AXP, GLD, Gold, JNJ, Johnson & Johnson, PRU, Prudential, SharesIt’s never fun reading headlines regarding the markets getting “whacked,” “slammed” or “battered”. However, if you’ve been doing a proper job of diversification, you shouldn’t have too much exposure to Japan. Whether stock markets pull back or “crash” due to catastrophic events such as 9/11, Tsunami of 2004, war in Iraq, the property... Read more
