It is one non-bank financial company that keeps on going and going. Insurance companies actually do better when longer term interest rates go up and are one of the better investments when this happens. He owns it in the value momentum strategy fund and it has the potential to expand internationally.
He owns it in the dividend strategy fund since it has the ability to increase its dividend. There is lots of power consolidation. It can monetize AI which should be a quicker process than the Internet was in general. It has new services and is able to be on the cutting edge. Buy 68 Hold 9 Sell 3
(Analysts’ price target is $661.28)
He sold it in April and now owns Costco in this space. It is trying to turn things around and get efficiencies up. It plunged after an announcement in late August.