Compelling Reasons to Hold on to Allstate (ALL) Stock Now

The Allstate Corporation (ALL) is benefiting from expanding insurance premiums, a well-performing Protection Services business and acquisitions. A sound financial position is another tailwind for the stock.Zacks Rank & Price PerformanceAllstate carries a Zacks Rank #3 (Hold) at present.The stock has gained 44.3% in the past year compared with the industry’s 33.2% growth. The Finance sector and the S&P 500 composite index have risen 24.7% and 29.3%, respectively, in the same time frame. Image Source: Zacks I ...