Is Prudential Financial a Buy?
Life insurers have been particularly valuable and necessary during the coronavirus pandemic, but they have also struggled financially under the weight of increased claims. Investors have, for the most part, stayed away from companies in this industry as most of the returns have been negative throughout the health crisis.
Some stocks in this industry, like Prudential Financial (NYSE: PRU), have become undervalued as a result and may be worth considering as we move into 2021. Let's take a look at Prudential, one of the largest life insurance companies in the U.S. Is it a buy?
Prudential is primarily known as an insurance company, but it is a diversified financial services firm with three primary revenue streams. In addition to the U.S. and international insurance businesses, it also has an investment arm, PGIM Investments.
Source Fool.com
