Hot Prefered Companies To Buy Right Now: Alleghany Corporation(Y)
Alleghany Corporation, through its subsidiaries, engages in the property and casualty, and surety insurance business in the United States. It underwrites specialty insurance coverages in the property, umbrella/excess, general liability, directors and officers liability, professional liability lines of business, and homeowners insurance. The company also writes surety products, such as commercial surety bonds and contract surety bonds. In addition, Alleghany Corporation owns and manages improved and unimproved commercial land, and residential lots in the Sacramento, California. As of December 31, 2010, the company owned approximately 320 acres of property in various land use categories. Further, it engages in the oil and gas exploration and production business. The company was founded in 1929 and is based in New York, New York.
Advisors' Opinion:- [By Damian Illia]
The firm is currently Zacks Rank # 2 - Buy, and it also has a longer-term recommendation of "OutPerform". For investors looking for a Zacks Rank # 1 – Strong Buy, Alleghany Corp. (Y), Berkshire Hathaway Inc (BRK.B) and Fidelity (FNF) could be the options.
- [By Chris Hill]
Which investors are worth following? In this installment of MarketFoolery, our analysts talk about why they're following Cook and Bynum's Richard Cook and Dowe Bynum, Martin Capital's Frank Martin, Alleghany's (NYSE: Y ) CEO Weston Hicks, and T. Rowe Price's (NASDAQ: TROW ) Preston Athey.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-prefered-companies-to-buy-right-now-2.html
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