GL is exactly the kind of investment Warren Buffet likes -- a steady cash producer, established in a necessary industry, collecting premiums that won't be paid out until decades later. We like that it trades at 10x earnings, under 2x book, and supports a 20% ROE. Its dividend grows annually by over 5%. We recommend setting a stop-loss at $95, looking to achieve $147 -- upside potential of 23%. Yield 0.8%
Our PAST TOP PICK with GL is progressing well. To remain disciplined, we recommend trailing up the stop (from $95) to $115 at this time.