04-01-2022, 05:10 PM
(03-31-2022, 06:12 PM)jalanlong Wrote: How does everyone feel about insurance stocks? Examples like MetLife, Prudential, Old Republic, Allstate etc. They always have PEs in the single digits and pay a decent yield. I know during the 2008 financial crisis some of them had drawdowns of close to 70%. However, their dividends continued to grow during that time.
I bought MET @ 42.50 before COVID and have been very happy with it. My YOC is over 5% currently.