Mercury General Corp (NYSE:MCY)
CAPS Rating:
The Company and its subsidiaries are engaged primarily in writing automobile insurance in a number of states, principally California.
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The Company and its subsidiaries are engaged primarily in writing automobile insurance in a number of states, principally California.
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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.