Loews CorpLTOP PICKSep 13, 2013Stock price when the opinion was issued
As of Jun 05, 2026. Market Open.
Strangely, has zero analyst coverage, and yet is up 24.87% this year. 80% of revenues and 62% of profits come from CNA, an insurer. Also they own a natural gas pipeline, hotels and a plastic packaging company. Net income was +4.3% in CNA in the first 9 months of 2025, and 24.6% in the pipeline. Demand for natural gas keeps rising from data centres, and they are building 8 projects. Also, they buy back a lot of shares. Trades at a reasonable 15x PE based on 8.8% earnings growth.
(A Top Pick Sept 13/13. Down 7.9%.) A conglomerate referred to as the mini Berkshire Hathaway. It has insurance, pipelines, offshore oil drilling, etc. Hasn’t done well this last year, primarily because things like insurance have had some write-offs. Also, oil drilling has not been an area that has been in favour. Also, took a big write-down on some of the oil/gas acreage which they bought. However, BV continues to increase fairly steadily.
The mini Berkshire Hathaway with a lot of the same things. But it also has offshore drilling, pipelines, oil/gas and hotels. Sells at a discount to the sum of the parts. Yield of 0.54%.