ACIC specializes in providing condo and HOA insurance in Florida. Analysts appreciate their ability to manage risk, while increasing profitability and growing revenues. It trades at 9x earnings, 2.5x book and supports a ROE 46%, while building cash reserves. We recommend setting a stop-loss at $11, looking to achieve $16 -- upside potential of 18%. Yield 0%
Our PAST TOP PICK with ACIC has triggered its stop at $11. To remain disciplined, we recommend covering the position at this time.