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Forget Berkshire Hathaway, Buy This Magnificent Insurance Stock Instead
The Motley Fool· 2024-08-31 21:12
Berkshire Hathaway remains a great long-term choice for investors. But there are superior options. Throughout history, there has almost never been a bad time to buy shares of Berkshire Hathaway (BRK.A 1.85%) (BRK.B 1.61%). The company, led by legendary investor Warren Buffett, has simply been one of the best investments of all time. However, now valued at nearly $1 trillion, Berkshire isn't the same company it used to be. The future is still very bright, but there are other similar options investors should ...
Chubb Stock Soars to New Peak. Here's Why I'm Doubling Down
The Motley Fool· 2024-08-30 07:33
Warren Buffett is betting billions on this company. You should consider joining him. If you're looking for a stock that can protect your portfolio during a downturn but still beat the market in the long term, look no further than Chubb (CB 1.17%). The more you dig into this company, the more there is to love. Few businesses can match Chubb's multi-decade stability. And there's a famous investor who just bet billions on its stock. Warren Buffett loves this stock It's wise to pay close attention to which stoc ...
Chubb (CB) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-08-28 22:50
Chubb (CB) closed the latest trading day at $278.71, indicating a +0.54% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.6%. On the other hand, the Dow registered a loss of 0.39%, and the technology-centric Nasdaq decreased by 1.12%. The insurer's shares have seen an increase of 0.2% over the last month, not keeping up with the Finance sector's gain of 2.41% and the S&P 500's gain of 3.15%. Analysts and investors alike will be keeping a close eye on the ...
Wall Street Analysts Love This 1 Warren Buffett Stock
The Motley Fool· 2024-08-27 00:12
This stock can protect your portfolio without sacrificing upside potential. Analysts at the Bank of Montreal recently revealed a list of 28 stocks they believe are the market's highestquality businesses. "While we continue to be relatively bullish on the outlook for U.S. stocks," the bank revealed, "we do believe that investors will be forced to contend with higher levels of volatility over the near term." By investing in highquality businesses, these analysts believe investors can protect their portfolios ...
Berkshire Hathaway Now Owns 27 Million Shares of This Stock. Should You Follow Warren Buffett's Lead?
The Motley Fool· 2024-08-24 22:06
Berkshire Hathaway can't stop buying shares of this insurance titan. Berkshire Hathaway (BRK.A 0.94%) (BRK.B 0.97%) sold off several stock positions during the second quarter, but Chubb (CB 1.19%) was one of the few stocks that Warren Buffett and his team kept accumulating, adding another 1.1 million shares in the second quarter. This marks the fourth consecutive quarter that Berkshire added shares of the global insurer to its portfolio. The conglomerate now owns 27 million shares, or $7.4 billion in Chubb ...
Chubb (CB) Up 4.6% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-08-22 16:36
A month has gone by since the last earnings report for Chubb (CB) . Shares have added about 4.6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Chubb due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Chubb's Q2 Earnings Top Estimates on Higher Premiums Chubb Limit ...
Chubb (CB) Rallies 37% in a Year: More Room for Upside?
ZACKS· 2024-08-21 17:32
Shares of Chubb Limited (CB) have gained 36.6% in a year, outperforming the industry's 28.7% growth. The Finance sector and the S&P 500 Composite have risen 27.7% and 27.6%, respectively, in the said time frame. The average volume of shares traded in the last three months was 1.4 million. A compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and a solid capital position drive this Zacks Rank #3 (Hold) insurer. Chubb is one of the world's large ...
Should You Buy Chubb-Heavy ETFs Following Buffett?
ZACKS· 2024-08-15 20:00
Warren Buffett's Berkshire Hathaway now owns around 27 million Chubb (CB) shares valued at roughly $6.9 billion, compared to nearly 26 million in Q1 of 2024. Berkshire Hathaway has boosted its position in Chubb slightly, to nearly 6.7% in Q2 of 2024 from 6.4% in the prior quarter. Amidst a challenging market landscape, Warren Buffett, along with equity managers Todd Combs and Ted Weschler, has not found many options in the investment arena this year. Their attention has largely grabbed Chubb, due to their p ...
Chubb Appoints George Ohsiek Chief Accounting Officer; Annmarie Hagan Named CFO of Operations & Technology and Transformation; Mong-Diep "Dee" Le to serve as Chief Auditor
Prnewswire· 2024-08-12 20:15
ZURICH, Aug. 12, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced three executive appointments in the company's finance organization effective Sept 4, 2024. Chubb appoints George Ohsiek Vice President, Chubb Group and Chief Accounting OfficerChubb appoints George Ohsiek Vice President, Chubb Group and Chief Accounting Officer Chubb appoints Annmarie Hagan Vice President, Chubb Group and Chief Financial Officer of Operations & Technology and Transformation Chubb appoints Annmarie Hagan Vice Pres ...
Chubb Limited Board Declares Quarterly Dividend
Prnewswire· 2024-08-08 15:45
ZURICH, Aug. 8, 2024 /PRNewswire/ -- The Board of Directors of Chubb Limited (NYSE: CB) today declared a quarterly dividend equal to $0.91 per share, payable on October 4, 2024 to shareholders of record at the close of business on September 13, 2024. The dividend will be payable out of legal reserves and will be made in United States dollars by the company's transfer agent, as described in the Chubb Limited 2024 proxy statement. This will be the second installment as approved by the company's shareholders o ...