Travelers Drops, And Is Starting To Look Very Interesting
Travelers(TRV) Seeking Alpha·2024-07-19 20:28
bunhill Back in October, we called for a buy in The Travelers Companies, Inc. (NYSE:TRV) for reliable dividend growth and capital gains. Then in January, we locked in 30% gains, about $10 higher from where the stock trades today. Nearly 9 months after that buy call, we have a different view on the stock because inflation in insurance premiums has set Travelers and many others up for massive premium growth, and earnings. However, you can't control catastrophes. They come and go, and it leads to weak quar ...