PICO Holdings, Inc. (NASDAQ:PICO)

CAPS Rating: 2 out of 5

A diversified holding company seeks to build and operate businesses where value can be created from the development of unique assets, and to acquire businesses. The Company's objective is to maximize long-term shareholder value.

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Player Avatar demeye (97.32) Submitted: 12/31/2007 8:48:28 AM : Outperform Start Price: $33.89 PICO Score: -80.56

this is a water stock. "this company owns an astounding 134,130 acre-feet of water rights."The company actually began life in the insurance business, and used the free float from their insurance operations to buy up water rights (along with some other businesses).
Today, these rights are estimated to be worth more than $1.1 billion

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