Some stocks are cheap for a reason and stay that way. But other inexpensive stocks can be good values. Life-insurance shares belong in the latter category: Their finances are sound and the industry has gotten better at risk management.
The stocks fell more than 10% in March and trade for an average of 7.5 times projected 2023 earnings, among the market’s lowest valuations.
Brighthouse Financial
(ticker: BHF) and
Jackson Financial
(JXN) change hands for less than three times estimated 2023 earnings per share.
Source: https://www.barrons.com/articles/life-insurance-stocks-look-cheap-and-inviting-697ee7a6?siteid=yhoof2&yptr=yahoo