Prudential Financial: Positioned To Be A Winner
- William Block
- Jul 19, 2021
- 1 min read
Summary:
Prudential's stock has significantly outperformed the broader market over the last year, and the company's most recent operating results helped the bull case.
Moreover, it appears that this global insurer is well-positioned for 2022 and beyond.
We are long Prudential, and we plan to stay long the stock.
Prudential's (PRU) stock has performed extremely well so far this year, as it has outperformed the broader market by ~10 percentage points over the last 7+ months.
Some people may be asking themselves if they missed the boat after the recent run-up - if asked, my response to this question would be "no". I think shareholders should consider staying the course with their PRU shares, as I still believe Prudential is a great, long-term buy at today's price. In my opinion, this global insurer is well-positioned for 2022 (and beyond).
Read more here.
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