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2 No-Brainer Berkshire Hathaway Stocks to Buy Right Now for Less Than $500
The Motley Fool· 2024-10-13 11:39
You can buy and hold these two stocks for decades to come. If you're looking for profitable stock ideas, look no further than Warren Buffett's portfolio. Buffett has proven to be one of the best investors in history, and stealing his ideas is a great way to position your own portfolio for success. Right now, his holding company, Berkshire Hathaway, is betting on two stocks that every investor should strongly consider. The long-term upside potential for both companies is truly impressive. Want maximum growth ...
Chubb: One More Reason For Potential Buyout By Berkshire
Seeking Alpha· 2024-10-12 10:20
I last wrote on Chubb Limited (NYSE: CB ) stock about 4 months ago. To be more exact, that article was published by Seeking Alpha on June 20, 2024, and was entitled "Chubb: 3 Reasons Why A As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas. We have helped our members not only to beat S&P 500 but also avoid heavy ...
Chubb (CB) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-10-09 22:51
Group 1: Stock Performance - Chubb's stock closed at $282.83, reflecting a +1.03% change from the previous session, outperforming the S&P 500's gain of 0.71% [1] - Over the past month, Chubb's stock has decreased by 3.8%, while the Finance sector has lost 4% and the S&P 500 has gained 6.41% [1] Group 2: Upcoming Earnings - Chubb is set to disclose its earnings on October 29, 2024, with an expected EPS of $4.96, representing a 0.2% increase from the prior-year quarter [2] - The consensus estimate anticipates revenue of $15.23 billion, indicating an 8.12% increase from the same quarter last year [2] Group 3: Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $21.32 per share and revenue of $56.51 billion, reflecting changes of -5.41% and +10.69% compared to the previous year [3] Group 4: Analyst Estimates - Recent modifications to analyst estimates for Chubb are important as they reflect evolving short-term business trends, with positive revisions indicating a favorable business outlook [4] Group 5: Zacks Rank and Performance - The Zacks Rank system, which assesses estimate changes, currently ranks Chubb at 3 (Hold), with the consensus EPS estimate having increased by 0.57% in the past month [6] - The Zacks Rank has a strong track record, with 1 ranked stocks yielding an average annual return of +25% since 1988 [6] Group 6: Valuation Metrics - Chubb's Forward P/E ratio is 13.13, which is a discount compared to the industry average of 13.36 [7] - The PEG ratio for Chubb is 5.81, significantly higher than the industry average PEG ratio of 1.62 [7] Group 7: Industry Overview - The Insurance - Property and Casualty industry, part of the Finance sector, has a Zacks Industry Rank of 24, placing it in the top 10% of over 250 industries [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Why Insurance Stocks Chubb, Progressive, and Kinsale Capital Plunged Today
The Motley Fool· 2024-10-07 19:43
Group 1 - Hurricane Milton is projected to intensify into a Category 5 hurricane, impacting Florida's west coast, leading to significant declines in insurance stocks such as Chubb, Progressive, and Kinsale Capital [1][2][3] - The insurance sector's downturn is attributed to the anticipated damage from Hurricane Milton, which is expected to be more severe than the recent Hurricane Helene [2][4] - Heavy winds, rainfall, flooding, and rip currents from Milton could cause extensive property damage in Florida, a state already recovering from a recent hurricane [4][5] Group 2 - Chubb and Progressive are leading brands in property and car insurance, with Progressive having ceased new policy writings in Florida due to severe storm impacts [5][6] - Kinsale Capital, a newer specialty insurer, has significant exposure to high-risk lines, including commercial property and construction insurance, which could lead to substantial losses if Milton proves to be severe [6][7] - Investors are preparing for potential large catastrophe losses for insurers exposed to Florida property, including residential, commercial, and specialty/mobile homes [7][8] Group 3 - Despite the risks, insurance companies have been able to raise prices significantly in recent years, leading to one of the hardest markets in memory, which may allow them to remain profitable even during severe hurricane seasons [9][10] - Following catastrophic events, insurers often reduce exposure, leading to increased prices and potentially presenting buying opportunities for investors if there is a further sell-off in insurance stocks [10]
Chubb Limited (CB) Stock Falls Amid Industry Downturn
GuruFocus· 2024-10-07 19:33
Chubb Limited (CB, Financial), a major player in the insurance sector, experienced a notable decrease in its stock price, dropping by 5.01% to $276.05 per share. The trading volume reached approximately 1.19 million shares with a turnover rate of 0.29% and a price fluctuation of 4.63%. Recent financial reports reveal that Chubb generated $13.875 billion in revenue, with a net profit of $2.230 billion and earnings per share of $5.51. The company's price-to-earnings ratio stands at 11.68. Among 26 rating agen ...
Chubb (CB) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-10-02 22:51
Chubb (CB) ended the recent trading session at $291.33, demonstrating a -0.27% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.01%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.08%. The insurer's shares have seen an increase of 1.89% over the last month, surpassing the Finance sector's loss of 0.26% and the S&P 500's gain of 1.21%. The upcoming earnings release of Chubb will be of great interest to investors. The company's earnings re ...
Chubb's Digital Payments and Cyber Scams Survey Finds Growing Impact of Fraud on Consumers; Harms Trust in Payment Methods
Prnewswire· 2024-09-30 04:00
Across the globe, 61% have changed their behavior or reduced use of digital payment platforms due to cyber scam concerns. 75% say transaction insurance would boost their trust, increasing adoption. NEW YORK, Sept. 30, 2024 /PRNewswire/ -- Chubb, a world leader in insurance, today released the results of its new global survey, "The Impact of Cyber Scams on Trust in Digital Payments," revealing the growing impact of cyber fraud on consumers, the misconceptions regarding cyber protections, and the significant ...
Chubb Limited to Hold its Third Quarter Earnings Conference Call on Wednesday, October 30, 2024
Prnewswire· 2024-09-26 18:00
ZURICH, Sept. 26, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its third quarter earnings conference call on Wednesday, October 30, 2024, at 8:30 a.m. Eastern. The company expects to issue its third quarter earnings release and financial supplement after the market closes on Tuesday, October 29, 2024. These documents will be available on the company's investor website at investors.chubb.com. The earnings conference call will be available via live webcast at investors.chubb.com or by dialing 877-4 ...
Chubb (CB) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-09-24 22:51
In the latest trading session, Chubb (CB) closed at $290, marking a -0.72% move from the previous day. This change lagged the S&P 500's daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.56%. Shares of the insurer have appreciated by 5.98% over the course of the past month, outperforming the Finance sector's gain of 1.86% and the S&P 500's gain of 1.65%. Analysts and investors alike will be keeping a close eye on the performance of Ch ...
Chubb Stock Trading Near 52-Week High: What Should Investors Know?
ZACKS· 2024-09-20 17:46
Shares of Chubb Limited (CB) closed at $290.58 on Thursday, near its 52-week high of $294.18. A compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and a solid capital position are driving the price higher. Chubb is one of the world's largest providers of property and casualty (P&C) insurance and reinsurance and the largest publicly traded P&C insurer based on a market capitalization of $117.4 billion. Earnings grew 19.4% in the last five year ...