My Top Life Insurance Stock to Buy in October
Investing in the stock market has been increasingly worrisome in 2022, with the S&P 500 and Dow Jones Industrial Average recently hitting new 52-week lows. But not all stocks are falling. The stock of employee benefits provider Unum Group (NYSE: UNM) is skyrocketing in 2022, up over 67% so far this year.
This insurer admittedly struggled early in the pandemic, but now the business is thriving as headwinds from the pandemic greatly ease. The stock price is already up significantly, but here's why you should consider adding it to your portfolio even now.
Unum Group provides employee benefit policies covering dental, vision, and life insurance. The past few years have been a roller coaster for the insurer.
Source Fool.com
