Stockchase Opinions

Ray Steele Allamerica Financial AFC-N TOP PICK Jul 31, 2003

Got hammered over concerns about a writeoff being a possible accounting issue. Has good earnings and at a good price.
$22.340

Stock price when the opinion was issued

insurance
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TOP PICK
Has been oversold.
PAST TOP PICK
(Was a top pick on Dec 4. Up 25%.) Still likes. They took profits. Would buy again at $10/11.
BUY
With all the problems of Enron, hurricanes, etc. insurance companies have been able to raise their rates.