Wednesday, February 9, 2011

Stock Idea: Prudential Financial Inc. (PRU, $63.54)

(May 16, 2011 update: All future stock posts will appear on my new subscription-only website at Please visit!)

Prudential Financial Inc. (PRU)
is a financial services company, offering insurance, investments and real estate on four continents. Consensus earnings per share (eps) growth is projected at 7.4% and 18.3% for the fiscal years 2011 and 2012. The PE is very low at 7.0 and the dividend is $1.15 per share, which yields 1.81%.

PRU shares topped $100 in 2007, prior to the financial meltdown of 2008, at which point the shares plummeted below $20. Whew! The stock has been recovering in a relatively orderly fashion. The stock looks like it's wrapping up a recent trading range of $52 to $66, and poised to move higher, with the next price resistance around $72. Investors who seek to earn 10% to 25% in less than a year might fare well with shares in Prudential Financial.


The Right Huff is Crista Huff's blog for politics and items of sociological or financial interest. Crista Huff also manages Goodfellow LLC, a subscription-only stock market website. We strive to identify financially healthy companies in which traders and investors can buy shares and earn dividends and capital gains. See disclaimer for the risks associated with investing in the stock market. See your tax advisor for the tax consequences of investing. See your estate planning attorney to clarify beneficiary and inheritance issues associated with your assets.

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