The Panic-Proof Portfolio (Stockchase Research)Globe Life Inc.GLPAST TOP PICKSep 23, 2025

We again reiterate GL,  a Texas based personal insurance and medicare supplemental provider as a TOP PICK.  It's a steady performer that trades at 11x earnings, 2x book and supports a 21% ROE.  The company is prudently using some cash reserves to aggressively buy back shares and retire debt.  We recommend trailing up the stop (from $136) to $150, looking to achieve $195 -- upside potential of 18%.  Yield 0.7%  

We reiterate this steady insurance provider as a TOP PICK.  A good holding during a “risk off” period. It trades at 10x earnings, 2x book and supports a ROE of 20%.  It is prudently using some cash reserves at it aggressively buys back shares and retires debt.  We recommend trailing up the sto (from $127) to $136 looking to achieve $172 — upside potential of 20%.  Yield 0.7%

We reiterate GL as a TOP PICK.  The slow and steady insurance provider based in Texas, releases earnings this week.  Analysts expect much of the same as in the past.  Earnings growth has averaged 11% annually over the last five years and they expect it to grow by 9% for the next five.  It trades at 10x earnings, 2x book and supports a respectable 22% ROE.  We continue to recommend a stop at $127, looking to achieve $169 -- upside potential over 16%.  Yield 0.7%

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.  

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%