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Chubb is finally getting noticed

 Sep 23, 2009 02:10 PM UTC
Return Risk
+1.63% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
CB Positive 09/23/09 +3.14% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Chubb Corp (CB), Stocks to Buy


Other insurers' loss is Chubb Corp.'s (NYSE: CB) gain. Back in May, the case was made that given competitors' woes, and Chubb's demonstrated business model, superior personal lines, and diverse business mix, CB deserved a higher multiple than its May P/E of 9.

Well, the market finally took note of CB, boosting shares this summer, hence I'm Reiterating my Buy rating for Chubb, first recommended on May 29, 2009 at a price of $39.65. If you bought CB then, you're up about 23%.

Continue reading Chubb is finally getting noticed

Chubb is finally getting noticed originally appeared on BloggingStocks on Wed, 23 Sep 2009 09:10:00 EST. Please see our terms for use of feeds.

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