Wednesday, June 5, 2013

Buy the Financials Still Trading Below Book Value - Part 1


Even after substantial gains this year, a whole slew of financial stocks still trade below book value. As written about back in January, a good portion of the insurance stocks traded close to half of book value. While the fears from the financial crisis have mostly dissipated, the stocks continue to meander below book value even with strong earnings profiles.

Investors continue to fear that either the balance sheet isn more »


Disclosure: Long HIG and LNC. Please review the disclaimer page for more details. 




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