Prudential’s (PRU) rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. The company’s businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services.
Investors are getting an opportunity to pick up shares of this stock at roughly 30% off all-time highs. We recently added shares to our “Recommended” list, and think the stock, at barely 10 times earnings, is a solid investment for long-term holders. The company has a 1.56% dividend yield, based on Friday’s closing stock price of $73.71.
The Bottom Line
The stock has been hit hard with many of the financial service names we follow. We have stuck with names like Mastercard (MA) and some of the regional banks like PNC Bank (PNC) and U.S. Bancorp (USB). Look for the clouds to begin breaking and these names to lead the way higher.
Prudential (PRU) is a ''Recommended'' dividend stock, holding a Dividend.com Rating of 3.5 out of 5 stars.
Related Stories
