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MetLife: Tough Environment But Good Results
Summary:
- MetLife recently reported strong Q4 and Full-year 2018 operating results, but the stock has been under pressure since the earnings report was released.
- This insurer is well-positioned for 2019 and beyond, but shareholders may be in for a bumpy ride over the next few quarters.
- I am long MetLife, and I plan to stay long the stock.
MetLife ($MET) recently reported Q4 and Full-year 2018 results that were not well-received by the market, as shown by the fact that the stock is down by over 5% since the results were released.
While MetLife's operating results definitely left investors wanting more, I believe that the insurer started 2019 with a good earnings report. Moreover, MetLife appears to be well-positioned for 2019 so, in my opinion, investors with a long-term mindset should consider adding MET shares on pullbacks.
Read more here.