Aspen Insurance Holdings Limited (AHL)

Looks to recover and come back to previous margins. Could be a double in 2 years.

I like it alot better to the hidden gem pick...more diversification, love the insurance terror angle.

Trading below book value (which at the moment would be 27.12, and it's trading at 26.55). It's profitable, growing, below book value, low P/E compared to industry, low PEG compared to industry, and has very little debt. Fair value is around 32, i'd sell (and will end the pick) at 28.

Like many companies in the insurance industry, this stock seems extremely undervalued to me. At the same time, there IS warrant for caution as Aspen Insurance has significant exposure to both the hurricane-prone Gulf Coast, and earthquake-prone California. Everyone knows what happens when a major hurricane strikes; Aspen's earnings plummeted in 2005 due to claims resulting from Hurricanes Rita, Katrina, and Wilma.

However, since that fateful year, Aspen has continued to diversify and in 2006 posted EPS of $3.83 versus ($2.65) in 2005. This is an incredible rebound, and goes to show how successful a year free of significant hurricanes can be. All things considered, the current valuation of Aspen suggests that a bad hurricane season has ALREADY been priced in. When hurricanes end up striking the US, which they undoubtedly will, the short-term price may take a hit, but anything less than a Hurricane Katrina-like natural disaster will fail to compress the price for long. With a price to book value of under 1.0, it's a gamble I'm eager to take.

good number and i hear lots of good sentiment about this company which is always encouraging

With dividends and a extremely low p/e I can't pass this one up.

A solid balance sheet and a boring but steady business. Cannot continue to ignore performance. P/E of 5, and trading at 90% of book value.

Buying this dip on the share offering that is very similar to what recently happened with ORH. I think within a month or more when folks get past this offering the fundamentals for AHL will be back in focus and we'll see $30 or more.

Cheap!

Picked on screener
Peg ratio under .5

Found this company under the insurance tag. Sell all property insurance and casualty stocks, or see your portfolio bcome a casualty! Warren Buffett is negative on the sector and that's good enough for me. Financial sector s--t has to work iits way through the whole goose.

Undervalued!

good

low price to book value

strong buy on etrade

I like the chart

increasing sales and profit, low P/E, minimal long term debt

rediculously cheap with tons of cash!

excellent fundamentals + dividend