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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (15119)8/13/2002 12:27:26 AM
From: Spekulatius  Respond to of 78549
 
While AZ is an also run in the US is it the #1 insurance company in Europe. AZ has a large market share in the very stable and profitable life insurance segment, very valuable stock holdings (Muenchener Rueck) and stakes insurance companies allover the world. it also owns a bank business (Dresdner Bank which is currently struggling).
As mentioned before, the company has a long operating history and has been traditionally conservatively managed. the current valuations are very low compared to historic valuation and I just bet on this stock coming back.

(I have swingtraded this stock sucessfully once for an 8% gain and plan to do so again if the current volatility opens up trading opportunities)