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25 Stock Top Picks (Nov 02-08)This summary was created by AI, based on 4 opinions in the last 12 months.
Prudential PLC (PUK-N) is a UK-based insurance and financial services provider with a strong global presence. Recent half year results have shown impressive growth in new business profits and a significant dividend raise, indicating a robust financial performance. With a low PE ratio, strong ROE, and a modest dividend payout ratio, the stock presents a compelling investment opportunity with a potential upside of over 35%. The company's growth in Asian markets and the strong fundamentals for emerging market growth highlight its long-term potential for investors.
Yields 5.5% and trades at 7x PE. This makes him think that something is wrong here, not cheap. Be careful.
Pure play insurance company in South-East Asia & Hong Kong.
Benefiting from growth in insurance market in Asia.
Expecting long term growth.
Believes fundamentals strong for emerging market growth.
Habitually rates are higher than your average life co. He likes the space because it is one of the spaces out there that benefits from the normalization of long term bonds. Expects lifecos to be amongst the best performing.
(Top Pick Sep 11/13, Up 33.03%) He would cut back because it is overweight.
Largest life insurer in the UK. Kind of a household name there. About half of its business is derived from Asia with the 2nd largest portion being from the US and a 3rd from the UK. This is a growth company, not a maximized dividend payout type, because the focus is on Asia. Good combination of defensiveness, cash generation and growth. The upside potential outweighs the downside risk.
Big wealth management book. Exposed to Indonesia, Malaysia, Hong Kong, Taiwan, Korea, etc. There is potential noise that it is going to spin off the US business.
Insurance company based in the UK. Have old legacy business, which is slow growing, as well as a business in the US plus a high growth business in Asia, which is insurance and wealth management. The Asian business is effectively the story. Strong balance sheet. 2.7% yield. There is a rumour that they may spin off the US asset which would create some big upside.
(Market Call Minute.) Likes the outlook for life insurance companies with rising interest rates. Based in England, but was still benefit from that.
Prudential PLC is a American stock, trading under the symbol PUK-N on the New York Stock Exchange (PUK). It is usually referred to as NYSE:PUK or PUK-N
In the last year, there was no coverage of Prudential PLC published on Stockchase.
Prudential PLC was recommended as a Top Pick by on . Read the latest stock experts ratings for Prudential PLC.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Prudential PLC In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Prudential PLC (PUK-N) stock closed at a price of $19.255.
We reiterate PUK as a TOP PICK. Half year results showed new business profits up 39%, while raising the dividend by 9%. It trades at 11x earnings, under 2x book and generates a 20% ROE. Its dividend is backed by a modest 15% payout ratio. We continue to recommend a stop at $17, looking to achieve $29 -- upside potential over 35%. Yield 1.8%
(Analysts’ price target is $29.31)