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Equitable Holdings: Improved Business Mix Should Reduce Market Sensitivity
EQHEquitable(EQH) Seeking Alpha·2024-08-08 03:14

wellesenterprises Shares of Equitable Holdings (NY SE: EQH) have been a solid performer over the past year, gaining 31%. This performance had been even stronger until just a fow days ago, with market turnoil causing a sharp pullback in shares of about 12%. Because of this selloft, shares are now about 5% lower than when I recommended them as a buy in May. Given its pivot toward less risky products, the magnitude of this sell-off appears overdone, creating an opportunity for investors in my view. 1D 5D Advan ...