Chris O'Donnell
Value, medium-term horizon, dividend investing, macro

Loews Corp. - Asset Value And Subsidiary Success Mean 20% Upside

So far in 2014, as Treasury yields stay historically low and U.S growth stays only slightly optimistic, investors have chased stocks with outsized dividend yields for protection. This rotation from the high flying, mega-P/E growth names to more inexpensive stocks has led many companies without dividends to be punished severely. In some cases, this punishment wasn't warranted, which has created a mis-match between a company's stock price and its intrinsic value. In this case, Loews Corp. (NYSE:L), a company with huge insider ownership and a strong growth outlook, has lagged the broader averages by more than 10% due to an investment public that currently sees dividend protection as a more valuable quality than business catalysts or sound management....

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