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"Is It Safe?" is a daily feature by TheStreet.com Ratings that looks at a company's risk-and-reward potential. Find out if your stocks are safe each morning at 4.
Conseco(CNO Quote), an Indiana-based life insurer, has been a momentum investor's dream this year, surging 10-fold since early March.
How did that happen? The company posted a first-quarter profit after eight consecutive quarters of losses. It lost $1.1 billion in 2008.
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