Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Selective Insurance Is Still A Good Holding After Recent 20% Pullback

I first wrote about Selective Insurance Group (NASDAQ:SIGI) last August for my first article on Seeking Alpha. At the time, I expressed the view the SIGI was a well-run firm in growth mode with considerable upside. Investors who read the article and bought the stock were up more than 20% late in the year, with the stock price hitting $28 briefly. Since that time though, Selective's stock has crashed back to the low $20s and it sits today around $22 a share. To be clear, I am not a short-term investor or a market-timing investor. I firmly believe in a buy-and-hold strategy as the best mechanism for long-term returns as an average individual investor. At the same time...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details