Charles Lannon Lincoln National Corp. LNC-N COMMENT Jun 11, 2014

She thinks there is interest in the life and integrated area. In the US there is the department of labour (DOL) ruling and this stock is immune to this ruling. They are well capitalized. It came down with the industry. There is interesting upside going forward.

(A Top Pick Sept 26/15. Up 24.97%.) A life insurer and she had the feeling that it was unloved. It was a value purchase. Moving forward, the fundamentals are still clear. Thinks there is good upside over the next several years.

This is still on her buying list, and one that she thinks has great upside to go.

(Top Pick Nov 9/16, Up 17%) She continues to buy it. The story is intact for rising interest rates and lower regulation. They are well positioned to do meaningfully better going forward.

This insurance company is well known for annuities and life protection products. It has a cheap valuation and should benefit from rising interest rates as premiums can be invested at better values. They have a hard time distinguishing themselves in a competitive market.

The dividend is too high and the PE too low.

They changed CEOs a few years ago. The spike in interest rates unsettled their capital ratios, so shares slid in 2022, but they've been building their capital. Are in a steady eddy business, at a 5-6x PE and pays a 5.6% dividend. Has a book value of $47 (shares are below $32). Has recurring cash flow and a great brand. He expects them to raise the dividend and buy back shares.