Brown & Brown, Inc. (NYSE:BRO)
CAPS Rating:
The Company and its subsidiaries is a diversified insurance agency, wholesale brokerage, and services organization that markets and sells to its customers insurance products and services, primarily in the property and casualty area.
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Great insurance play with solid fwd growth prospects. A pick from a value mgr of $125m that I respect. Agree with his thoughts but would comment this is not a great buy here. More like a reasonable buy and I would put more into it around mid $20s if it happen to get caught in some downdraft to that area.