Allstate Can Weather The Storm And Bring Investors Lucrative Returns

Feb. 05, 2023 8:08 PM ETThe Allstate Corporation (ALL)3 Comments
Douglas McKenny profile picture
Douglas McKenny


  • Allstate has fared poorly on the stock market for the last five years during a period where growth, rather than profitability, was favored.
  • Despite pressure on profits in the last year, the firm has seen a boost in the market, as investors have recognised its competitive advantages.
  • With an attractive valuation, the firm deserves to be considered as a long-term investment.
Allstate Posts 70 Percent Increase In Profits

Tim Boyle

The Allstate Corporation (NYSE:ALL) has experienced poor stock market performance over the last five years, but has shown improvement over the last year. The company has experienced revenue growth and profitability throughout much of its history. This is because it has leveraged

This article was written by

Douglas McKenny profile picture
An economics graduate with a passion for financial history; I apply my knowledge to markets in an effort to hopelessly predict trends and spot value. All opinions are my own and should not be taken seriously.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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