Slow and Steady Wins the Race for This Insurance Stock

Company Overview - Chubb (CB) is the world's largest publicly traded property and casualty insurance company, valued at $123 billion, providing a range of insurance products including commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance [1] Technical Analysis - Chubb has shown strong technical momentum, with shares up 13% over the past year and a 100% technical "Buy" opinion from Barchart [6][7] - The stock gained 8.18% since the Trend Seeker signaled a new "Buy" on November 4 [2] - Chubb recently traded at $308.66, with a 50-day moving average of $296.53, and has a technical support level around $311.34 [7] Performance Metrics - Chubb's stock has achieved a new all-time high of $315.08 on December 29 [4] - The stock has made 13 new highs and gained 4.88% in the last month, with a Weighted Alpha of +15.78 and a Relative Strength Index (RSI) of 56.41 [7] - Analysts have set price targets as high as $426, indicating bullish sentiment [6] Financial Projections - Revenue is expected to grow by 4.43% this year and an additional 6.03% next year [8] - Earnings are estimated to increase by 5.07% this year and 10.98% next year [8] - Chubb offers a dividend yield of 1.26% and has a trailing price-earnings ratio of 13.47x [7][8]