Why investors should avoid Buffett's latest investment

  Рет қаралды 2,001

Yahoo Finance

Yahoo Finance

27 күн бұрын

Insurance stocks may not capture a lot of attention, but they will definitely make headlines when Warren Buffett invests in one. That's what happened when it was revealed Buffett took a $6.7 billion stake in insurance company Chubb (CB). In the latest edition of Good Buy or Goodbye, Barron's Associate Editor Al Root makes the case for skipping Chubb and investing in a different insurance stock instead.
Root says American International Group, better known as AIG, is worth consideration. There are a few reasons why. First, it has an attractive valuation, he says. Root also argues the business's fundamentals are improving and that CEO Peter Zaffino is in a "sweet spot" given where he is in his tenure at the company.
Root is less enthusiastic about Chubb. The stock isn't cheap following the "Buffett bump," he says, also noting that Buffett operates on a different time horizon than most. He also argues there isn't a lot of expected profit improvement. What could change his thesis on Chubb? The company's execution is better than expected, causing profit to grow or it gets bought by Buffett's Berkshire Hathaway (BRK-B, BRK-A).
#youtube #stockmarket #news
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance

Пікірлер: 5
@Paulorsadv
@Paulorsadv 6 күн бұрын
Chubb have consistent profits AIG don't, simple like that
@user-xv5tf7wk1k
@user-xv5tf7wk1k 25 күн бұрын
GOODBYE TO THE STOCK MARKET RALLY HELLO STOCK MARKET CRASH❤❤😮
@ghosthdel3098
@ghosthdel3098 24 күн бұрын
you want the market to crash? Are you shorting the market or if not hy you want the market to crash?
@B_knows_A_R_D-xh5lo
@B_knows_A_R_D-xh5lo 24 күн бұрын
🤑🤑🤑🤑🤑🤑 0:10 🤑🤑🤑🤑🤑🤑🤑👀
@GlobalPenguin2012
@GlobalPenguin2012 24 күн бұрын
AIG is a has been…..
Warren Buffett on oil: We like Occidental's position in the Permian Basin
10:47
1 класс vs 11 класс  (игрушка)
00:30
БЕРТ
Рет қаралды 3,3 МЛН
WHY IS A CAR MORE EXPENSIVE THAN A GIRL?
00:37
Levsob
Рет қаралды 20 МЛН
Why You Should Always Help Others ❤️
00:40
Alan Chikin Chow
Рет қаралды 101 МЛН
Scott Galloways Predictions for 2024 at OMR24
32:23
OMR
Рет қаралды 594 М.
When to Sell a Stock or Fund
11:44
PensionCraft
Рет қаралды 36 М.
Insurance Companies to AVOID!
13:14
Think Insurance
Рет қаралды 175 М.
Tesla is in 'incredibly enviable' position for real-world AI
8:30
Yahoo Finance
Рет қаралды 3,6 М.
Why Net Worth Skyrockets After $100K
7:38
Nischa
Рет қаралды 652 М.
Jamie Dimon On The 2008 Crisis
14:09
CNBC
Рет қаралды 507 М.
1 класс vs 11 класс  (игрушка)
00:30
БЕРТ
Рет қаралды 3,3 МЛН