Why Should Chubb Limited (CB) Remain In Your Portfolio?
Zacks Investment Research | Sep 21, 2017 03:15AM ET
Chubb Limited (NYSE:CB) dwells on growth prospects like strategic initiatives, improvement of investment income and shareholder rewards. The Zacks Rank #3 (Hold) property and casualty insurer holds immense potential owing to a few good growth drivers.
Growth Projections: The Zacks Consensus Estimate for earnings per share is $10.30 for 2017 and $10.62 for 2018, reflecting a year-over-year improvement of 1.2% and 3.1%, respectively.
The estimated long term earnings growth is currently pegged at 10%.
Share Price Performance: Shares of Chubb have gained 9.0% year to date, underperforming the .
Atlas Financial Holdings engages in underwriting commercial automobile insurance policies in the United States. The company delivered positive surprises in two of the last four quarters with an average beat of 57.94%
Markel markets and underwrites specialty insurance products in the United States and internationally. The company delivered positive surprises in two of the last four quarters with an average beat of 21.06%.
Mercury General engages in writing personal automobile insurance in the United States. The company delivered positive surprises in three of the trailing four quarters with an average beat of 1.06%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think.
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