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Company with no debt, no ad and marketing costs. Growing sales force. Progressive leaders.
The market is so ready for Primerica to capitalize on the growing needs. The financial illiteracy in the US is staggering, on average, families are bringing in less income then they did a full decade ago, but that didn't slow inflation down. Families are not saving enough for retirement, and have more debt then ever. Therefore need affordable life insurance protection to replace the income of a breadwinner in case of premature death. Primerica not only educates families, but it also provides them with a complementary financial plan, and a variety of products and services to implement that plan. On top of all that, Primerica reps have the ability to extend the business opportunity to their clients that are desiring to make additional income (and the referring rep receives compensation on the sale of products done by the new rep). Once licensed and trained, the average licensed rep earns about $500 a month according to Primerica's website. $500 a month is a great sum of money to families living paycheck to paycheck when they can make that income in a few hours a month, rather than working an additional 80 hours a month to make that at a minimum wage part time job and spend 80 away from their family on top of their regular job. (80 hours x $8.00 an hour = $640-taxes-gas to and from work=$500) or develop just 2 or 3 new primerica clients in 4-10 hours of work. Watch for a new PRI surge as they continue to add products and grow distribution.
Solid business model and lack of competition.
Best IPO of the decade
because it`s stock that everyone that has works with the company, they all perform to there best.
The company is financially strong, with a dedicated and passionate sales force and leadership.
Yet another one from the stable of Amway clones.
Primerica is the largest financial services distribution in North America. They target middle class America, has over 100,000 Lic Representatives
This company is taking the financial world by storm!!! I hope they destroy all the dishonest companies out there!!!
PRI is a financial services distribution company that focuses on serving middle income families. There is a huge demand for what PRI does since most financial companies prefer to work with more affluent families. PRI has a unique distribution system that would make it extremely difficult for any competitor to copy.
This stock has a motivated sales team.
Recession keeping families from spending on none daily necessities. Need for insurance is still essential for all families and investing in their future. No debt and high incentives for workforce to perform.
proven track record its a company with integrity that serves a need to the masses (the middle income market)
PRI is gonna soar!
no one else does it better
Overpriced term insurance, buy-term-invest-the-difference doesn't work. Not competitive with other life insurance companies. Built on a multi-level-marketing platform.
I believe the company is to the best of the middle america market also is going to shine over the next generations and today and tomorrow is going to perform better than ever we growing strong and i believe in PRIMERICA!!!!!
No debt, pyramid scheme that doesn't pay employees unless they perform. I hate the business model, but love the green it generates. Just watch out, citi still holds 25% of the shares.
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