![]() ![]() Reinsurance Group of America, Incorporated ( RGA )Ĭhesterfield, Missouri-based Reinsurance Group provides a range of life and health insurance products, including individual and group policies. The shares trade at a discount of 12.2% to their median value over the past year, as well as a discount of 36.8% to the industry and a discount of 75.9% to the S&P 500. Estimate revisions in the last 60 days have taken the 2023 estimate up 35.4% and the 2024 estimate up 88.1%. The company blew past estimates in the last quarter, recording a surprise of 168%. The Zacks Rank #1 stock belongs to the Financial - SBIC & Commercial Industry (top 14%). Medallion’s sales have increased 16.9% in the last five years. Additionally, the company offers debt, mezzanine and equity investment capital to various industries and conducts other banking activities. Medallion Financial also provides commercial loans for businesses and taxi medallions, as well as equipment financing for new or existing businesses. It offers loans for consumer purchases of recreational vehicles, boats, trailers and home improvements. The company operates in four segments: Recreation Lending, Home Improvement Lending, Commercial Lending and Medallion Lending. Medallion is a finance company based in New York City. Here are a few stocks that satisfy these criteria: Instead go for those that are trading below their intrinsic value. Last but not the least, it’s a really good idea to not overpay for stocks. The ostensible reason for this is that there are industrywide factors that impact all companies operating within a particular industry. It has been seen historically that stocks belonging to the top 50% of Zacks-classified industries outperform those in the bottom 50%. The Industry Rank is awarded based on Zacks’ classification of industries. When paired with a good Zacks Industry Rank, the stock rank is a clear indicator of near-term upside. A #1 rank denotes Strong Buy, #2 Buy, #3 Hold, #4 Sell and #5 Strong Sell. So, you may want to refer to that Zacks Rank on stocks. Therefore, this is an important factor when you’re looking for “safe” stocks.Įstimate revisions are captured in the Zacks stock ranking system. While it’s impossible to time investors’ reaction to rising estimates, i.e., how long after the revisions investors continue to demand the shares, it has been seen historically that shares tend to be buoyant when the trend in upward revisions is strong. The best way of ensuring that is to choose only those stocks that have seen substantial increase in earnings estimates. You may also want to protect against too much downside in the near term. Therefore, it kind of sets a floor for share prices. And why does this lend stability? Since dividends are a return on what you pay for the stock and any capital loss on the investment is reduced by the amount of dividend the company is paying, investors are generally willing to pay a premium for it. This is particularly true in the current circumstance, when the last five years includes the pandemic and all the related supply chain and inventory imbalance issues that came with it.Īnother important factor is whether the company pays a dividend. If there is steady or even moderate growth in sales over the historical period, in all probability the company is doing a good job. ![]() Therefore, if you’re looking for a safe stock, one of the things you should be checking is the companies’ sales numbers. Both these factors are expressed in the quarterly (or annual) sales numbers. ![]() The other part is about how well the company is maneuvering its circumstances to keep its products flowing to customers. However, the best way to tell if a company is doing well is by the way customers are accepting its products. At times we are so focused on bottom line results that we tend to overlook or underestimate the importance of the top line. To that end, we may want to adjust the way we consider stocks. ![]()
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