CB - Chubb: Warren Buffett Takes Notice Of The Solid Financial Performance

2024-05-18 16:17:11 ET

Summary

• Chubb has shown strong financial performance with increasing margins and solid revenue growth as the company has increased pricing.
• Warren Buffett's Berkshire Hathaway has purchased a significant stake in Chubb currently worth $7.1 billion, showing confidence in the investment case.
• The stock continues to be valued attractively, making the stock a compelling investment at the current price level.

Chubb Limited (CB) has had a phenomenal financial performance after my previous analysis, posting increasing margins and solid revenue growth beyond my previous analysis' expectations. More recently in Q1, Warren Buffett seems to have noted the stock as a good buying opportunity, as a recent 13F filing shows Berkshire Hathaway's (BRK.A) (BRK.B) newly bought stake in Chubb....

For further details see: