Reinsurance Group of America (NYSE:RGA)
An insurance holding company engaged in traditional individual life, asset-intensive, critical illness and financial reinsurance.
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RGA has been remarkably consistent in generating ~10% returns on equity. It pays a decent dividend with room to grow, has been repurchasing shares at a discount to tangible book, and is trading at a P/B ratio at or near its ten year low. This is a quality company selling for a great price in an otherwise frothy market.
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Wow value pops of the page: http://www.gurufocus.com/stock/RGA Sell at $133 Graham value . PE 6,90 plus growth
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7x forward earnings plus the reinsurance business is usually a big money maker no matter what segment.
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Using Benjamin Graham's formula, this stock has a fair value stock price of over $120, double the price of what it is now. Nice little dividend to go along with it as well.
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low PEG, strong price uptrend
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This stock, based on last earnings is now underpriced. It has increased its book value and thus has a price to book ratio of ~0.8. Underpriced for this type of stock. I anticipate the stock rising to meet the pricing expected for the stock.
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just posted a great quarter and then got smoked - seems undervalued (low PE & PEG)
Schwab A CS Outperform S&P 4stars and Reuters Outperform
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4/12 screen #2: percentile and CS
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can't beat insurance companies
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RGA has come through the recent storm in better shape than many of its peers. They have good global diversity and were recently added to the S&P midcap index.
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I wish I had a dollar everytime I picked a winner.
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A good price
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