2024-04-02 03:45:00 ET
Swiss insurance and reinsurance giant Chubb Limited (NYSE: CB) may not be all that well known in the United States. That's a shame, because it frequently cracks the list of top ten companies by revenue, among insurance companies whose shares US investors can easily buy .
Still, the fact that it's big enough and trusted enough to be a re insurer -- a backstop for other insurance companies whose claims exceed their expectations -- means it's no fly by-night company. Yet its shares are currently trading at a reasonable discount to what looks like their fair value.
That raises a key question: Could Chubb be an undervalued stock capable of making you a millionaire one day? While the future is never really known until it happens, there are good reasons to believe that it could play a role in helping your portfolio get there.
For further details see:
Could This Undervalued Stock Make You a Millionaire One Day?