*AV* Dorothy CNC
Boy do you really know how to make a guy work. This reaearch is gonna cost ya. Print your very best brownie or chocolate chip recipe on this thread as payment.
Conseco, Inc. in a nutshell:
1. Added to the S&P 500(replaced Alexander & Alexander Services, Inc.)
2. Consensus analyst opinion has price target of high 70s to mid 80s.
3. Trading at top of its 53 week range.
4. CNC is a financial holding company invloved with marketing, development and admin. of individual health insurance, annuity and individual life insurance products.
5. CNC's strategy is to consolidate annd streamline management and admin functions in order in achieve great investment returns through active asset managment.
6. They focus resources on exoansion and development of profitable products and good distribution channels.
7. Earnings are primarily from operating life insurance companies and providing investment management and administration, along with other fee-based services tp both non affilitated and affiliated businesses.
8. looks as if company is growing business internally and through acquisitions.
9. CNC is taking over or has taken over Pioneer Financial(PFS) and Captial Americsn (CAF). When this is behind them, it may position them as one of the leading companies in the supplemental health insurance market.
10. Company may be acquiring other companies in the near future for both strategic and in an attempt to further improve earnings potential. After the Pioneer deal is completed, CNC's debt to capital ratio should be in the 25% range. Analyst friend beleives target ratio is 5-10% points above this, in the 30-35% range. Therefore it looks as if they will and can use debt along with some $$$$ to fund future takeovers.
This is totally out of my area of expertise so I had to rely on the data from a few sources that I trust. I hope some of this information is new and can be used by you to make a better informed decision. My read of this "10 step" response is that if you consider the Health insurance sector to be a place you want to shift some investments into, CNC looks as if it is a decent place to investigate further.
Finally, this looks more of a slow but sure company over the course of up to the next 2 years. This is not a short term money maker or a get wealthy quick stock but a longer term investment, IMHO.
Regards |
