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

Principal Financial Group Has Some Good Things Happening

Insurance and financial company Principal Financial Group (NYSE:PFG) keeps a pretty low profile for a fairly large company. That makes the company something of a well-kept secret in my book as PFG has done a good job of weathering the financial crisis over the last few years. The stock is reasonably attractive at today's levels (though not as great a value as it was around February) and it does offer investors exposure to a company with a growing focus on fee income plus significant potential upside as interest rates begin to rise. This exposure is not all that unusual in a financial firm, but at least with PFG you get a history of reasonably good stewardship, which is...

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