Chubb (CB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the closing of the recent trading day, Chubb (CB) stood at $276.22, denoting a +0.59% change from the preceding trading day.
Awale Resources Ltd (TSX-V:ARIC) CEO Andrew Chubb in a recent interview with Proactive provided an update on the company's ongoing exploration efforts in Cote d'Ivoire. Chubb detailed recent updates, including high-grade results from the Charger zone and deeper drilling success at the BBM prospect.
Chubb (CB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Chubb (CB) reported earnings 30 days ago. What's next for the stock?
Investors who already hold CB stock should retain it, as this insurance behemoth is unlikely to disappoint. New investors can wait for a better entry point.
Bill Baruch, founder and president Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's buying Intercontinental Exchange, Goldman Sachs, and selling Chubb.
Chubb is one of the few stocks Buffett (through Berkshire Hathaway) bought over the past year.
Zacks.com users have recently been watching Chubb (CB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Chubb (CB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Chubb's shares have gained 26% over the past year due to higher rates and strong underwriting, but recently pulled back 7% due to hurricane losses. Q3 earnings were strong with $5.72 EPS, beating estimates by $0.73, and net premiums up 6.6%, despite challenges in agriculture and catastrophe losses. Chubb's diversified global portfolio and robust underwriting have led to improved combined ratios as well as strong investment income, supporting continued growth and profitability.
There's a reason Buffett secretly invested billions of dollars in this company.