Filed under: AFLAC Inc (AFL), Stocks to Buy

Steady as she goes, with Aflac (AFL), to borrow a Star Trek phrase, and that’s why I’m reiterating my buy rating for the company, first recommended on May 28, 2009 at a price of $36.07. If you bought AFL in May, you’re up about 30%.

After a slow start, institutional investors in mid-2010 finally noticed that not every insurer would be wiped-out by collateralized debt obligations and bad bonds. Aflac boasts primarily high-quality corporate debt, Wall Street realized this in the spring, and it’s been off to the races ever since. Aflac is one of the largest sellers of supplemental insurance in the U.S. and is a major cancer-insurance company in Japan (14 million policies).

Continue reading Aflac’s uptrend continues

Aflac’s uptrend continues originally appeared on BloggingStocks on Wed, 02 Dec 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Via [bloggingstocks]

Share This

This entry was posted on Thursday, December 3rd, 2009 at 4:56 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.