1 Reason to Buy MKL
While we can't categorize conglomerate Markel Group (NYSE: MKL) as a beaten-down stock, it certainly hasn't been an outperformer of late. While some peers in the finance and insurance sectors soared well higher over the past few years, it's risen modestly by comparison.
Yet management is working to streamline it back into the high performer that once earned it the tag of a "baby Berkshire" (referring to Warren Buffett's Berkshire Hathaway). I think that regeneration project is already yielding results.
Like Berkshire, Markel is anchored by insurance operations while holding stakes in fixed-income securities and publicly traded companies. It also, through Markel Ventures, manages a portfolio of privately held businesses.
Source Fool.com
