Equitable Holdings: Improved Business Mix Should Reduce Market Sensitivity
EQHEquitable(EQH) Seeking Alpha·2024-08-08 11:14
wellesenterprises Shares of Equitable Holdings (NYSE:EQH) have been a solid performer over the past year, gaining 31%. This performance had been even stronger until just a few days ago, with market turmoil causing a sharp pullback in shares of about 12%. Because of this selloff, shares are now about 5% lower than when I recommended them as a buy in May. Given its pivot toward less risky products, the magnitude of this sell-off appears overdone, creating an opportunity for investors in my view.   Seeking ...