Adding CB (Sooner Than Expected)

I was going to add later, but when I looked at the day chart, I saw an indicator candle that made me think there's some upside in the near-future. I will post a screenshot of the chart later.

CB is in an interesting spot -- near all-time highs and simultaneously undervalued. I get fair-price estimates from FINBOX, a great service IMO, and statistics from SeekingAlpha (although you can find those many places, including Yahoo Finance).

FINBOX gives CB a fair price of $291.64 and thus 32.8% upside. CB is outperforming SPY by a whopping 32.86% (SPY -10.51% over 1 year and CB + 22.35% over 1 year). There's also CB's 1.53% dividend yield.

On the one hand, I hesitate to add too much at once since the stock price is so near the all-time high. So I'm going to buy about $600 worth instead of $1,000, for now.

CB + 3 shares@ $224 (AH price) = $672

This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on this website is strictly at your own risk.  This website may share links to articles and information which is interesting to me, but it is in no way an endorsement by me or by anyone associated with me.  The views reflected in the commentary are subject to change at any time without notice.   I may or may not hold investments in the companies or securities discussed on this website.


Marlin Sandlin owns shares of Chubb Limited (CB).

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