Prudential Financial Inc (PRU-N)

After its run up, it's overbought. Take some profits.

Within financial sector - banks are struggling. However, insurance sector outperforming. Rising interest rates have impacted sector, but certain companies able to weather the storm. Stock approaching a peak price, time will tell on outcome this year. 

An Asian pure-play in insurance. The overall Asian market was down last year. They achieved all their growth goals in the past year, though. They will benefit from long-term secular trends in Asia. He expects good penetration rates in China where the middle is growing, so PRU is well-positioned. Today, he heard that Sun-Life is taking a trip to China to learn about that market.

Pays a 5% dividend and was upgraded today, and yet it's up only 3% this year.

Is shying away from all financials for now, until the banking crisis ends. This looks compelling though. This could go lower.

US Lifeco vs Financials PRU-N is at risk to interest rates on their premiums collected as he thinks yields will remain neutral. He is not keen on BAC-N either at this point for the same views of the yield curve. Things can't get any better for each right now -- a no man's land right now. He sees a bit better bid for Lifecos, but mostly from a defensive position. There are more compelling areas than these two spaces.