BofA Securities is the investment banking and capital markets division of Bank of America, one of the largest financial institutions in the United States.
Insurance stocks are frequently seen as defensive stocks. After all, everyone has to have insurance, and those regular premium payments add up.
Allstate (ALL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Allstate (ALL) have what it takes?
Allstate's strategic refocus on personal lines and divestiture of noncore assets has strengthened its capital position and improved financial results. Despite slowing premium inflation, margins are stabilizing and reinsurance costs are declining, supporting improved underwriting profitability. Q2 results were strong, with significant earnings beats, improved combined ratios, and positive investment income trends amid higher interest rates.
ALL's premium gains, acquisitions, and service expansion fuel growth, though debt and catastrophe risks weigh on stability.
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Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.