American Safety Insurance Holdings, Ltd. (NYSE:ASI)
CAPS Rating:
An insurance company which provides customized insurance products and solutions to small and medium-sized businesses.
An insurance company which provides customized insurance products and solutions to small and medium-sized businesses.
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Recs
American Safety Ins. has all the makings of a 10 bagger over the next decade.
They have significant inside ownership, high marks on all profit indicators, very little debt, and a great management crew.
I see great potential with this investment. Based on my valuation work, my price target for these shares is $38-$39 at current levels.