Metlife

MET-N

NYSE:MET

36.94
1.55 (4.38%)
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company, better known as MetLife, and its affiliates.
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Analysis and Opinions about MET-N

Signal
Opinion
Expert
COMMENT
COMMENT
January 30, 2020

AIG-N vs. MET-N. AIG-N has been recapitalizing since the disaster of the financial crisis. MET-N did not suffer these issues. The life business is in pretty decent shape but he prefers Canadian lifecos. (Analysts’ price target is $55.57)

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Metlife (MET-N)
January 30, 2020

AIG-N vs. MET-N. AIG-N has been recapitalizing since the disaster of the financial crisis. MET-N did not suffer these issues. The life business is in pretty decent shape but he prefers Canadian lifecos. (Analysts’ price target is $55.57)

BUY
BUY
September 20, 2019
It’s pretty cheap, trading at 8.1 times. Their earnings in July were double year over year and beat expectations. They are growing globally and it’s a safe name with a low valuation. Couldn’t go wrong with this choice in the long term.
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Metlife (MET-N)
September 20, 2019
It’s pretty cheap, trading at 8.1 times. Their earnings in July were double year over year and beat expectations. They are growing globally and it’s a safe name with a low valuation. Couldn’t go wrong with this choice in the long term.
WAIT
WAIT
August 8, 2019
MET vs. BAC. Dynamics of the two are different, so hard to compare. FMV potential of both is huge. But the market won't go, because interest rates are falling. Aren't any drivers to escalate earnings. Very cheap, but who knows when they're going to pop? (Analysts’ price target is $53.19)
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Metlife (MET-N)
August 8, 2019
MET vs. BAC. Dynamics of the two are different, so hard to compare. FMV potential of both is huge. But the market won't go, because interest rates are falling. Aren't any drivers to escalate earnings. Very cheap, but who knows when they're going to pop? (Analysts’ price target is $53.19)
DON'T BUY
DON'T BUY
June 14, 2019
The balance sheet is impaired and there should be write-offs, which he hasn't seen. He sees 32% upside with a $64 model price, but he'd be happy seeing this at $53.80. He would recommend this stock above this price. He has recommended MET before, but MET just can't get going. The balance sheet is ugly. Also, if interest rates fall to zero, all insurance companies will get hit.
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Metlife (MET-N)
June 14, 2019
The balance sheet is impaired and there should be write-offs, which he hasn't seen. He sees 32% upside with a $64 model price, but he'd be happy seeing this at $53.80. He would recommend this stock above this price. He has recommended MET before, but MET just can't get going. The balance sheet is ugly. Also, if interest rates fall to zero, all insurance companies will get hit.
PAST TOP PICK
PAST TOP PICK
March 18, 2019
(A Top Pick Mar 29/18, Up 3%) Slow or flar growth this and next year, but they are buying back stock. He sees 9% EPS growth this year. Their US retirement portfolio has been doing well. It's cheap at 8x PE and paying almost a 4% dividend. It's been stagnant for many years, but it has tailwinds of lower taxes and volume growth. They're growing in Asia and Europe.
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Metlife (MET-N)
March 18, 2019
(A Top Pick Mar 29/18, Up 3%) Slow or flar growth this and next year, but they are buying back stock. He sees 9% EPS growth this year. Their US retirement portfolio has been doing well. It's cheap at 8x PE and paying almost a 4% dividend. It's been stagnant for many years, but it has tailwinds of lower taxes and volume growth. They're growing in Asia and Europe.
DON'T BUY
DON'T BUY
March 6, 2019
Metlife vs. Prudential vs US banks Both are high quality and international. Strong. He doesn't love lifecos now, because there's a lot going on in health, such as the prevalance of diabetes. He wants to see higher interest rates which can benefit lifecos. As for banks, he'd stay away. The rates and yield curve have flattened. Met are doing the right thing, like a nice dividend and a big share buybacks. It isn't expensive and doing 10% earnings growth, but there are greener pastures elsewhere.
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Metlife (MET-N)
March 6, 2019
Metlife vs. Prudential vs US banks Both are high quality and international. Strong. He doesn't love lifecos now, because there's a lot going on in health, such as the prevalance of diabetes. He wants to see higher interest rates which can benefit lifecos. As for banks, he'd stay away. The rates and yield curve have flattened. Met are doing the right thing, like a nice dividend and a big share buybacks. It isn't expensive and doing 10% earnings growth, but there are greener pastures elsewhere.
COMMENT
COMMENT
February 8, 2019
Insurance companies are trading below their lower benchmarks -- making him think there are issues with their balance sheets especially in a deflationary recession environment. This could lead to lower short term rates, which could impair their earnings. He would be cautious going forward for all insurance companies.
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Metlife (MET-N)
February 8, 2019
Insurance companies are trading below their lower benchmarks -- making him think there are issues with their balance sheets especially in a deflationary recession environment. This could lead to lower short term rates, which could impair their earnings. He would be cautious going forward for all insurance companies.
DON'T BUY
DON'T BUY
December 10, 2018
SLF-T vs. MET-N. He prefers Sunlife (SLF-T). It is higher quality and more defensive. Also they are down with the sector. There is more competition in the US vs. Canada.
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Metlife (MET-N)
December 10, 2018
SLF-T vs. MET-N. He prefers Sunlife (SLF-T). It is higher quality and more defensive. Also they are down with the sector. There is more competition in the US vs. Canada.
PAST TOP PICK
PAST TOP PICK
July 17, 2018

(A Top Pick July 11, 2017. Down 7%). This has gone down even as interest rates have come up. He is holding with it, with a very small position. Life insurers are not participating in the financials rally as much as he expected. His model price shows a 47% upside, but the market appears to dislike some aspect of MetLife’s balance sheet and he is not sure what that is. Because he is not sure what is wrong, he would not buy it.

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Metlife (MET-N)
July 17, 2018

(A Top Pick July 11, 2017. Down 7%). This has gone down even as interest rates have come up. He is holding with it, with a very small position. Life insurers are not participating in the financials rally as much as he expected. His model price shows a 47% upside, but the market appears to dislike some aspect of MetLife’s balance sheet and he is not sure what that is. Because he is not sure what is wrong, he would not buy it.

COMMENT
COMMENT
May 29, 2018

One of the biggest life insurance companies. Spawned off the individual insurance part in a company called Brighthouse earlier this year. MetLife has been hurt lately by some controversy. In the long run still likes the outlook for both Brighthouse and Metlife, and rising interests rate do help insurance companies a lot.

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Metlife (MET-N)
May 29, 2018

One of the biggest life insurance companies. Spawned off the individual insurance part in a company called Brighthouse earlier this year. MetLife has been hurt lately by some controversy. In the long run still likes the outlook for both Brighthouse and Metlife, and rising interests rate do help insurance companies a lot.

PAST TOP PICK
PAST TOP PICK
April 25, 2018

(A Top Pick July 11/17 Down 2%) All the insurers are being helped by rising interest rates, yet the stock price has not increased. He is disappointed by the performance, but will continue to stick with it. He has a model price about 30% higher. Yield 3.5%.

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Metlife (MET-N)
April 25, 2018

(A Top Pick July 11/17 Down 2%) All the insurers are being helped by rising interest rates, yet the stock price has not increased. He is disappointed by the performance, but will continue to stick with it. He has a model price about 30% higher. Yield 3.5%.

PAST TOP PICK
PAST TOP PICK
April 19, 2018

(A Top Pick May 1/17, Up 5%) It spun out Bright House. He continues to own both. They had to take a hit on benefits that people were not getting and should have.

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Metlife (MET-N)
April 19, 2018

(A Top Pick May 1/17, Up 5%) It spun out Bright House. He continues to own both. They had to take a hit on benefits that people were not getting and should have.

DON'T BUY
DON'T BUY
April 11, 2018

This is a diversified insurance company with a bias to life. It is in a good capital situation. The technical chart is too boom and bust, which he can’t explain. Insurance broadly has generally under-performed and he thinks you are taking more risk than the reward you are getting. He would prefer straight financial stocks instead.

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Metlife (MET-N)
April 11, 2018

This is a diversified insurance company with a bias to life. It is in a good capital situation. The technical chart is too boom and bust, which he can’t explain. Insurance broadly has generally under-performed and he thinks you are taking more risk than the reward you are getting. He would prefer straight financial stocks instead.

TOP PICK
TOP PICK
March 29, 2018

A sleepy little story. It is really cheap. He likes it for strong buybacks, dividend growth and upping their return on equity. 11% forecast earnings growth. (Analysts’ target: $55.00).

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Metlife (MET-N)
March 29, 2018

A sleepy little story. It is really cheap. He likes it for strong buybacks, dividend growth and upping their return on equity. 11% forecast earnings growth. (Analysts’ target: $55.00).

PAST TOP PICK
PAST TOP PICK
January 25, 2018

(A Top Pick Jan 13/17. Up 15%.) Still likes this. It’s trading at about 1X Price to Book, which is cheap in the financial world. Pays about a 3% dividend, which is expected to grow 6%-7% over the next several years. Right now, the 10-year treasury is above 260 and rising interest rates will help companies like this. They have very strong international operations. 3% dividend yield.

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Metlife (MET-N)
January 25, 2018

(A Top Pick Jan 13/17. Up 15%.) Still likes this. It’s trading at about 1X Price to Book, which is cheap in the financial world. Pays about a 3% dividend, which is expected to grow 6%-7% over the next several years. Right now, the 10-year treasury is above 260 and rising interest rates will help companies like this. They have very strong international operations. 3% dividend yield.

PAST TOP PICK
PAST TOP PICK
January 19, 2018

(A Top Pick May 8/17. Up 15%.) Changes to the US are positive in one sense, but there are problems in the insurance industry in another. Interest rates are going up, which should help. He would probably hang in, with the admonition that if something better came along, he might jump.

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Metlife (MET-N)
January 19, 2018

(A Top Pick May 8/17. Up 15%.) Changes to the US are positive in one sense, but there are problems in the insurance industry in another. Interest rates are going up, which should help. He would probably hang in, with the admonition that if something better came along, he might jump.

COMMENT
COMMENT
October 19, 2017

Versus American banks?He likes US banks versus insurance companies. Banks are in a much better position to deliver earnings growth, versus some of the insurers. Insurers, both in Canada and US, do a little better when interest rates go up. Their liabilities go down and they also get a better return on assets. There is better risk/reward on the banks.

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Metlife (MET-N)
October 19, 2017

Versus American banks?He likes US banks versus insurance companies. Banks are in a much better position to deliver earnings growth, versus some of the insurers. Insurers, both in Canada and US, do a little better when interest rates go up. Their liabilities go down and they also get a better return on assets. There is better risk/reward on the banks.

COMMENT
COMMENT
October 12, 2017

He likes the insurance companies in the US. This recently did a spinoff of their smaller financial division. It has recently spiked over the last couple of months. Trading at 11X earnings with a decent growth rate. Insurance companies, particularly in the US, are going to move along with what is going to happen with interest rates. He likes insurance companies, but wouldn’t ignore large US banks. Dividend yield of 3%.

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Metlife (MET-N)
October 12, 2017

He likes the insurance companies in the US. This recently did a spinoff of their smaller financial division. It has recently spiked over the last couple of months. Trading at 11X earnings with a decent growth rate. Insurance companies, particularly in the US, are going to move along with what is going to happen with interest rates. He likes insurance companies, but wouldn’t ignore large US banks. Dividend yield of 3%.

PAST TOP PICK
PAST TOP PICK
September 27, 2017

(A Top Pick Nov 8/16. Up 12%.) One of the biggest financial companies in the US. In late July, they spun out their consumer division, which he took advantage of. He still likes the outlook for this company.

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Metlife (MET-N)
September 27, 2017

(A Top Pick Nov 8/16. Up 12%.) One of the biggest financial companies in the US. In late July, they spun out their consumer division, which he took advantage of. He still likes the outlook for this company.

COMMENT
COMMENT
September 22, 2017

Not expensive, trading at about 10X earnings and has a very good dividend yield of about 3.4%. They sold Bright House, and can now concentrate on their core business. They need to bring costs down by about $1 billion, and he thinks there will be better capital allocation between dividends and buybacks. All in all, you should see the stock price go up.

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Metlife (MET-N)
September 22, 2017

Not expensive, trading at about 10X earnings and has a very good dividend yield of about 3.4%. They sold Bright House, and can now concentrate on their core business. They need to bring costs down by about $1 billion, and he thinks there will be better capital allocation between dividends and buybacks. All in all, you should see the stock price go up.

COMMENT
COMMENT
September 5, 2017

MetLife, Prudential or the American banks? He would give a bit of a nod towards the banks. As a general proposition, there are more ways the banks can boost earnings. The purchase of insurance is very much out of favour. Regarding MetLife versus Prudential, he would give a slight nod to Prudential as they have been doing some cost cutting which will help their bottom line.

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Metlife (MET-N)
September 5, 2017

MetLife, Prudential or the American banks? He would give a bit of a nod towards the banks. As a general proposition, there are more ways the banks can boost earnings. The purchase of insurance is very much out of favour. Regarding MetLife versus Prudential, he would give a slight nod to Prudential as they have been doing some cost cutting which will help their bottom line.

PAST TOP PICK
PAST TOP PICK
September 1, 2017

(A Top Pick Oct 11/16. Up 17.29%.) The old high for this stock is quite a bit higher than it is right now, so 17% doesn’t cut the ice for him. Kind of a drop in the bucket.

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Metlife (MET-N)
September 1, 2017

(A Top Pick Oct 11/16. Up 17.29%.) The old high for this stock is quite a bit higher than it is right now, so 17% doesn’t cut the ice for him. Kind of a drop in the bucket.

HOLD
HOLD
August 9, 2017

They have this amazing franchise and could just never quite get all the wheels spinning in the same direction at the same time. He thinks they have now found a little more religion in that sense. Earnings numbers coming out of the life group have not been so bad. Technically, the chart shows a nice cup, which is not a bad formation. They have a very good core franchise. Thinks you can hang onto your holdings and you will realize some value.

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Metlife (MET-N)
August 9, 2017

They have this amazing franchise and could just never quite get all the wheels spinning in the same direction at the same time. He thinks they have now found a little more religion in that sense. Earnings numbers coming out of the life group have not been so bad. Technically, the chart shows a nice cup, which is not a bad formation. They have a very good core franchise. Thinks you can hang onto your holdings and you will realize some value.

TOP PICK
TOP PICK
July 11, 2017

His model price is $73.24, representing an upside of 30%. In a rising interest rate environment, this is a sector that you can hide in. Dividend yield of 2.9% (Analysts’ price target is $60.)

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Metlife (MET-N)
July 11, 2017

His model price is $73.24, representing an upside of 30%. In a rising interest rate environment, this is a sector that you can hide in. Dividend yield of 2.9% (Analysts’ price target is $60.)

COMMENT
COMMENT
June 9, 2017

One of the blue-chip, Cadillac financial service companies. These companies have struggled during this very low interest rate environment. Ultimately, over the next 2-3 years, interest rates will be higher, which is manna from heaven for companies like this. They are taking some strategic initiatives to break off parts of their retail annuity business into a separate company. That would help to unlock value.

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Metlife (MET-N)
June 9, 2017

One of the blue-chip, Cadillac financial service companies. These companies have struggled during this very low interest rate environment. Ultimately, over the next 2-3 years, interest rates will be higher, which is manna from heaven for companies like this. They are taking some strategic initiatives to break off parts of their retail annuity business into a separate company. That would help to unlock value.

COMMENT
COMMENT
June 9, 2017

All the lifecos need higher rates. They have obligations 5-25 years out. Most obligations were entered into when rates were higher. Because of that, there is a mismatch. That is why you see lifecos having to take capital hits on their balance sheets. We don’t know when that is going to end.

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Metlife (MET-N)
June 9, 2017

All the lifecos need higher rates. They have obligations 5-25 years out. Most obligations were entered into when rates were higher. Because of that, there is a mismatch. That is why you see lifecos having to take capital hits on their balance sheets. We don’t know when that is going to end.

COMMENT
COMMENT
June 6, 2017

A very attractive 3 to 5 year play. Looking at insurance companies, this would be the top, if not one of the top 2 you would want to hold. They have lots of money and are in good shape. Very, very solid.

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Metlife (MET-N)
June 6, 2017

A very attractive 3 to 5 year play. Looking at insurance companies, this would be the top, if not one of the top 2 you would want to hold. They have lots of money and are in good shape. Very, very solid.

HOLD
HOLD
June 5, 2017

Interest rates help insurance companies. He likes this industry and this stock, but it will not get the growth you want, but it will grow its dividend. It is a good way to diversify within the financial sector.

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Metlife (MET-N)
June 5, 2017

Interest rates help insurance companies. He likes this industry and this stock, but it will not get the growth you want, but it will grow its dividend. It is a good way to diversify within the financial sector.

BUY
BUY
May 26, 2017

An American lifeco? He likes US life insurers a little more than the Canadian companies. However, they’ve both come down in the last little while, given that yields have come off. The one he owns and still likes is MetLife (MET-N). Shares are trading at under 1X BV, one of the cheaper ones among the large cap names.

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Metlife (MET-N)
May 26, 2017

An American lifeco? He likes US life insurers a little more than the Canadian companies. However, they’ve both come down in the last little while, given that yields have come off. The one he owns and still likes is MetLife (MET-N). Shares are trading at under 1X BV, one of the cheaper ones among the large cap names.

BUY
BUY
May 19, 2017

MetLife (MET-N) or Prudential Life (PRU-N)? When you are building a diversified portfolio, within financials, if you own a bank, only 1 or 2 lifecos is just as good. He can’t really choose between these 2, and in fact would own both of them. Both are going to move in similar directions, and both will benefit from rising interest rates.

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Metlife (MET-N)
May 19, 2017

MetLife (MET-N) or Prudential Life (PRU-N)? When you are building a diversified portfolio, within financials, if you own a bank, only 1 or 2 lifecos is just as good. He can’t really choose between these 2, and in fact would own both of them. Both are going to move in similar directions, and both will benefit from rising interest rates.

TOP PICK
TOP PICK
May 8, 2017

It would definitely benefit from higher interest rates, which we are ahead for this year. The stock is cheap. It does not have much of a dividend because they were dissuaded from paying one. (Analysts’ target: $59.50).

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Metlife (MET-N)
May 8, 2017

It would definitely benefit from higher interest rates, which we are ahead for this year. The stock is cheap. It does not have much of a dividend because they were dissuaded from paying one. (Analysts’ target: $59.50).

TOP PICK
TOP PICK
May 1, 2017

One of the biggest life insurance companies in the US. It has gone nowhere in 10 years. One of the problems is that it was designated as strategically important in the US and that is being appealed. He thinks the ruling will be overturned. They are spinning out their retail life insurance business. (Analysts’ target: $59.50).

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Metlife (MET-N)
May 1, 2017

One of the biggest life insurance companies in the US. It has gone nowhere in 10 years. One of the problems is that it was designated as strategically important in the US and that is being appealed. He thinks the ruling will be overturned. They are spinning out their retail life insurance business. (Analysts’ target: $59.50).

COMMENT
COMMENT
April 6, 2017

He likes this on the back of interest rates moving higher. Recently, interest rates have started to calm down on dovish Fed talk, however expects they will move higher. Trading at about 10X forward earnings with a 10% growth rate. BV is under 1X, so it is a pretty decently valued name. He likes this one a lot.

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Metlife (MET-N)
April 6, 2017

He likes this on the back of interest rates moving higher. Recently, interest rates have started to calm down on dovish Fed talk, however expects they will move higher. Trading at about 10X forward earnings with a 10% growth rate. BV is under 1X, so it is a pretty decently valued name. He likes this one a lot.

COMMENT
COMMENT
January 17, 2017

Prudential (PRU-N), Metropolitan Life (MET-N) or a US bank? He likes financials for the long haul. The only group that has not fully recovered from the 2008 downturn. However, there has been a tremendous run up since the election on the hopes for higher interest rates because of stronger growth from some of the Trump policies and less regulations. He likes them both. They are both trading close to BV. However, insurance is becoming more and more of a commodity business, so he thinks he would give a little edge to this one for being bigger. Currently he likes the life insurers because the banks have run up so much.

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Metlife (MET-N)
January 17, 2017

Prudential (PRU-N), Metropolitan Life (MET-N) or a US bank? He likes financials for the long haul. The only group that has not fully recovered from the 2008 downturn. However, there has been a tremendous run up since the election on the hopes for higher interest rates because of stronger growth from some of the Trump policies and less regulations. He likes them both. They are both trading close to BV. However, insurance is becoming more and more of a commodity business, so he thinks he would give a little edge to this one for being bigger. Currently he likes the life insurers because the banks have run up so much.

TOP PICK
TOP PICK
January 13, 2017

He likes the financials in the US. Life insurers are going to benefit the most from rising interest rates and a steepening yield curve. This is the largest US life insurer, and one of the largest financial services companies in the US. A pretty strong global brand, very solid financial balance sheet and a very large distribution network. There is also an easing of the regulatory environment. About 3 months ago, they announced a shareholder friendly $3 billion buyback program. Trading pretty cheap at 10X PE. Dividend yield of 2.95%. (Analysts’ price target is $60.03.)

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Metlife (MET-N)
January 13, 2017

He likes the financials in the US. Life insurers are going to benefit the most from rising interest rates and a steepening yield curve. This is the largest US life insurer, and one of the largest financial services companies in the US. A pretty strong global brand, very solid financial balance sheet and a very large distribution network. There is also an easing of the regulatory environment. About 3 months ago, they announced a shareholder friendly $3 billion buyback program. Trading pretty cheap at 10X PE. Dividend yield of 2.95%. (Analysts’ price target is $60.03.)

WEAK BUY
WEAK BUY
November 21, 2016

MET-N vs. PRU-N. They will get a nice tailwind from a steeper rate curve. He prefers MS-N or GS-N to these two.

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Metlife (MET-N)
November 21, 2016