BHF - Brighthouse Financial: Fast-Growing Undercovered Gem For A Cheap Price
- The company reported well above expectations, but the stock reacted by rising slightly by 2.55% the next day after the release.
- All the fundamentals that drove prices up last year are still relevant and even somewhat stronger than before.
- BHF is still trading at 2.93 times its non-GAAP forward price-to-earnings ratio, well below the insurance sector. PTBV stands at just 0.278x, which is also quite low as well.
- With new buyers in the market and a fairly active share buyback program, I expect the current bullish momentum to continue at least to $65-66 per share, up 20.45%-22.31% from the current market price.
- So I think the current uptrend will continue, and I recommend you pay attention to BHF if you are a growth investor.
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Brighthouse Financial: Fast-Growing Undercovered Gem For A Cheap Price