Stockchase Opinions

The Weekly Buzzing Stocks by Billy Kawasaki Loews Corp L-N TOP PICK Apr 25, 2024

Loews corporation is a diversified company with three publicly-traded subsidiaries: cna financial corporation (nyse: cna), diamond offshore drilling, inc. (nyse: do) and boardwalk pipeline partners, lp (nyse: bwp); and one wholly owned subsidiary, loews hotels & resorts. for more information please visit www.loews.com. at loews, we don’t show movies, at least not anymore, and we can’t help with your home improvement needs – but we can offer you a distinctive opportunity to join one of the largest diversified companies in the world. as with any great company, our success is directly linked to the strength of our team. we work closely with our employees to create a progressive, informal and rewarding work environment in which they can thrive and succeed. our team of corporate employees perform a wide range of functions, working together to provide strategic direction and services to loews and our four subsidiaries. Social media mentions are up 150% in the past 24h.

$76.460

Stock price when the opinion was issued

Financial Services
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TOP PICK
Have a lot of the same businesses that Warren Buffett does including insurance, pipelines, offshore oil rigs and hotels. Sells at discount to NAV.
PAST TOP PICK

(Top Pick Nov 18/11, Up 8.11%) Still likes it.

TOP PICK

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%.

PAST TOP PICK

(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.