Conseco, Inc. (CNO)
A holding company for a group of insurance companies operating throughout the United States. The Company develops, markets and administers supplemental health insurance, annuity, individual life insurance and other insurance products.
Recs
With 3-quarters of positive earnings during 2009, the current price is low relative to earnings
Recs
I will shoo up
Recs
Outstanding management team ad philosophy will prevail
Recs
currently undervalued and is bound to go up. the worst is over so now its time to go up but this is heavily dependent on President Obama's healthcare speech.
Recs
Overbought
Recs
A dash for trash canidate. Has 2 winning quarters. Good chance of at least a double.
Recs
Are you kidding??? Another insurer I missed the bottom on! Dang it!
CNO reminds me exactly of GNW and the way it has recovered over the past 6 months... way way way oversold. I could not believe my eyes when I saw the $4.75 in cash per share... this is till a great value. Minimal debt and still generating positive operating cash flow. I have a hard time believing this one will be out of business in 6-12 months (which is the way it is currently priced).
Green thumb till $10 at least.
Recs
They have a good solid business sructure.
Recs
Conseco stock has been strong after recent penny miss; believe, however, likely to get off the steroids soon after rise to $4.20
Recs
$10 in the next 5 years - @DoNotLose
Recs
Extremely Undervalued
Recs
High risk play, with refinancing issues but potentially 5 or 10 bagger once the issues are solved. The stock will stay under pressure near term and be very volatile. Cash and cash flow to be watched closely.
Good risk/reward play but not for faint heart investors.
Recs
Continuing to pick high risk/reward scenario plays.
Recs
it has to go up from here
Recs
look at it's past performance.
Recs
Recs
seems to have bottomed and coming back
Recs
The worst has past, time to see their big signs at the baseball stadiums again.
Recs
I was a little early with this red thumb...but it won't be long before my pick turns GREEN!
Recs
This security is still a good pick at this price. There are several sources that say it'll double again and soon, like:
Glen Bradford
http://seekingalpha.com/article/136815-shooting-for-100-return-in-one-month
and
Some Guy with a blog
http://blogtoamillion.wordpress.com/2009/05/11/next-up-conseco-cno/
But I mainly like this security because they're now profitable... did anyone see their 2009 and 2010 forecast? 1.09 and 1.15 per share respectively. With this P/E ratio CNO's book value should be around $14 - $18.
Back when this company wasn't profitable (Jan this year) they were trading at almost $8 dollars a share. So It's pretty ridiculous how cheap this security is right now, especially considering that they're in the black.
Plus, the newest board member of CNO, Keith Long, seems like he actually wants to help pull the company's stock price out of the mud.
You can read about that here:
http://cms.ibj.com/ASPXPages/6iframes/FrontEndArticlesDetailPage.aspx?ArticleID=37548&NoFrame=1
According to the article, Mr.Long's company Otter Creek Management just purchased about 1% of CNO... So, even though this isn't a whole lot of skin in the game, at least he's putting his money where his mouth is.
Anyways, do the research to confirm what I've said... but I definitely recommend this one.
*Disclosure - I do hold a long position in CNO.

RSS Headlines
Fool UK
- Show Me:
-
Outperform
-
Underperform
-
All
- Sort by:
-
Author
-
Recs
-
Date
-
Member Rating
-
Results 1 - 20 of 31 1 2 Next »