After spending much of the past two years at a less-than-impressive two-star rank, Prudential Financial
With earnings improving and both trailing and forward earnings multiples in the single digits, more CAPS members are warming up to Prudential Financial as a good long-term value play. The company saw a big increase in revenue and earnings in the second quarter, with top-line growth of 39%. Operating income, excluding net realized investment gains and losses, also blew past analysts' expectations.
Prudential wasn't the only company showing strong results. Several others in the broader insurance industry posted similar upticks in business in the second quarter. Berkshire Hathaway
Prudential is aware of the uncertainties that linger in global financial markets. But in contrast to Hartford Financial's
The company may soon get a much bigger contribution from international markets as well. The Wall Street Journal recently reported that Prudential is eyeing two AIG
Do you think Prudential Financial deserves its elevated status? Add your thoughts in the comments box below, or head over to CAPS to rate the company and check out all the information the community offers.
Always looking ahead, the Motley Fool Rule Breakers service is picking the next generation's big winners today. To see what rule-breaking stocks David Gardner is recommending now, take a free 30-day trial.
Fool contributor Dave Mock recently upgraded his BBQ set with a slick new spatula and chef hat. He owns no shares of companies mentioned here. Berkshire Hathaway is an Inside Value pick. AFLAC and Berkshire Hathaway are Stock Advisor recommendations. The Fool owns shares of AFLAC and Berkshire Hathaway.
True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Fool's disclosure policy walks like a duck and talks like a duck, but it's not a duck.