AAGIY - Prudential PLC Continuing To Build A More Profitable Business
Like their American cousins, European insurance companies have started to get a little more love lately as investors have gone bargain-shopping in the value bin. Although Prudential PLC (PUK) has chopped its way a little higher over the last month, I still don’t believe the shares reflect the value that management is creating. With a fast-growing Asian business and efforts well underway to increase the cash flow of the U.S. business, I believe Prudential PLC is well-placed for above-average growth and undervalued today.
A Better First Half Than It Might First Appear
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