BCRH - Blue Capital Reinsurance: A Strong Buy For Rebound Potential And A 10%+ Yield
Blue Capital Reinsurance Holdings Inc. (BCRH) was hit hard in 2017 by a string of major natural disasters from hurricanes in Texas and Florida, to fires in California.
Take a look at the chart below that shows this stock was trading for about $20 per share in August which was just before these natural disasters struck. Now this stock trades close to nearly half that level, at just around $11 per share. For a number of reasons, this looks like a very attractive buying opportunity, so let's take a closer look below:
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