BOSTON ( TheStreet) -- Insurance stocks are some of the cheapest in the equity market. Aside from AIG (AIG), which recently attracted capital from value guru Bruce Berkowitz of Fairholme Capital (FAIRX), insurance stocks get little attention from the media. Warren Buffett earned a fortune buying insurance companies. His Berkshire Hathaway (BRK.A) has been involved in the insurance business since it bought National Indemnity in 1967.Here are the 10 cheapest U.S. insurance stocks. Most trade below book value and are predicted by analysts to make huge gains in the next year. Although the insurance business is inherently risky, the value of these stocks provides investors with a margin of safety. Below, they are ordered by forward earnings multiple, from cheap to cheapest.
10 Insurance Stocks That May Gain Up to 74%
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.