2014-02-13

By
Abba's Aces:

The last time I wrote about MetLife, Inc. (MET) I stated, "I like the longer term price appreciation story in MetLife that much better." Since the last article it dropped 4.41% versus the 1.55% gain the S&P 500 (SPY) posted. MetLife provides insurance, annuities, and employee benefit programs in 50 countries through its subsidiaries and affiliates.

On February 12, 2014, the company reported fourth quarter earnings of $1.37 per share, which beat the consensus of analysts' estimates by $0.07. In the past year the company's stock is up 35.18% excluding dividends (up 37.54% including dividends), and is beating the S&P 500, which has gained 19.85% in the same time frame. With all this in mind, I'd like to take a moment to evaluate the stock on a fundamental, financial and technical basis to see if it's worth buying more shares of the company right now for the financial sector

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