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Buy the Financials Trading Below Book Value

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After the financial crisis, numerous financial-related stocks traded at prices below book values due to the fears in the accuracy of the reported balance sheets. In the years since the crisis, most of those fears have disappeared, yet many financial stocks haven’t regained the valuations suggested by the improving asset bases.

A prime example exists in the insurance and retirement services sector where both Hartford Financial Services Group (NYSE: HIG more »)
Disclosure: Long HIG and LNC. Please review the disclaimer page for more details. 

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