HomeMost PopularInvestingUnlocking the Money Vaults: Two Insurance Stocks Ready to Soar in December

Unlocking the Money Vaults: Two Insurance Stocks Ready to Soar in December

Actionable Trade Ideas

always free

This article is like a flashlight in a dark room, shining a light on two stocks that are revved up and ready to ignite the market.

Recent Performance Overview

If Aflac was a superhero, it would be soaring through the skies, with its stock rising a remarkable 15% for the year. On the other hand, Brown & Brown has been on a turbocharged journey, with its shares skyrocketing at a stunning rate of 30% year to date. These two companies are like thoroughbred racehorses, galloping ahead of the pack and showing no signs of slowing down.

No wonder Aflac’s Zacks Insurance-Accident and Health Industry is perched in the elite top 18% of over 250 Zacks industries, while Brown & Brown’s Zacks Insurance-Brokerage Industry stands tall in the top 4%. These stocks are not just good – they are certified dreamboats in the financial ocean.

With a performance like this, it’s no wonder they are all the rage among investors – Aflac and Brown & Brown, the untamed thoroughbreds of the insurance stock market!

Attractive EPS Growth

This EPS growth is like a rocket launch, propelling Aflac forward at an astounding rate. With Aflac’s fiscal 2023 earnings expected to leap 18% to $6.30 per share, and Brown & Brown’s forecasted annual earnings set to climb 21%, it’s like watching a spectacular fireworks show on New Year’s Eve.

Earnings growth like this is nothing short of a financial fairy tale. Aflac and Brown & Brown are striking gold amidst the turbulence of the economy, and their bold strides speak volumes about their potential.

Reasonable P/E Valuations

Talking about valuation, Aflac gives its investors a crazy wild ride, trading at an astonishingly reasonable 13.1X forward earnings multiple. Compared to the industry average of 11.1X, this is like getting prime rib at a hamburger price. As for Brown & Brown, its slightly inflated 26.9X forward earnings multiple is like enjoying a premium dessert without breaking the bank.

As both companies benefit from strong business industries, their stocks are the shiny gems in the bag of pebbles, ready to sparkle even brighter than the glittering crown of the S&P 500.

Bottom Line

The trend of positive earnings estimate revisions places Aflac and Brown & Brown in a prime position to stake their claim on the financial arena. Their stocks are like impatient horses waiting to break free from the starting gate. With the turnaround of the year, these two titans are set to hit their stride and triumph in December.

If you’re not getting excited yet, then maybe the potential early price pops of Aflac and Brown & Brown might give you a jolt! Even seasoned investors can’t help but be captivated by these two exceptional stocks, ready to make waves in December.

And if you’re thinking, β€œIt’s all talk,” think again. The numbers don’t lie! These stocks are not just worth watching, they’re worth your time, your investment, and maybe even your steely nerves. Trust us – the returns are going to give you fireworks – and not just metaphorically!

So don’t miss the boat – secure your seat now and enjoy the rollercoaster ride with Aflac and Brown & Brown. These are not just any stocks; they are the stuff that dreams are made of and your golden ticket to a prosperous December!

To read this article on Zacks.com click here.

Zacks Investment Research

See them now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.