AXA: Short-Term Volatility, Long-Term Gain

Following our last publication, Unlock The Future, Buy Rating Confirmed, the European election results penalized AXA SA's stock price (OTCQX:AXAHY, OTCQX:AXAHF). Before going into the details, the French company is one of the world's largest insurers. AXA operates primarily in the life and health (L&H), property and casualty (P&C), and asset management business. After a brief comment on the Q1 results (we cover the EU insurance sector with regular updates on Zurich and Allianz and regional insurer players s ...