Josh Stern

Assurant Down 10% - Good Buying Opportunity

This stock looks very cheap. However, recently I've looked at other insurers who also look very cheap and have similar looking charts. Each company with a stock falling off a cliff has some individual issues which may or may not be material to future earnings, but I have to think that the common factor explaining no bids for all of them is worries about their investment portfolios of fixed income and high yield equity.