Mercury General Corp (NYSE:MCY)

CAPS Rating: 4 out of 5

The Company and its subsidiaries are engaged primarily in writing automobile insurance in a number of states, principally California.

Recs

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Player Avatar ostram (34.92) Submitted: 9/1/2010 1:38:43 PM : Outperform Start Price: $31.59 MCY Score: -27.03

The company has $60 per share cash on hand and is trading around $40. It also has a 6% dividend. Assuming their underwriting does a decent job, this stock should go up from here.

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