LU is no doubt among the elite. Guess which stocks will rebound first when the market takes off?? LU, CSCO, MSFT, INTC, DELL, etc. Of course the risk is that a lot of these elite are still overvalued and vulnerable if the market "corrects" further. But like others have stated on this thread, the downside risk for LU is much less than for the other bandwagon favorites.
There will always be risk.... the choices for me are, 1) invest in high quality co's, 2). pay off debt if any, 3) If the world really falls into an absolute deflationary scenario... get on the soup line first (that is assuming there will be one).
As for "overvalued", yes possible, but then again, value is relative, since "value" (at least in terms of the stock market), is what the market will bear (or bull).....
My opinion only.
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