Should You Retain Allstate Stock in Your Portfolio Now?
Aallstate(ALL) ZACKS·2024-10-02 03:11
The Allstate Corporation (ALL) is well-poised to grow on the back of rising premiums thanks to rate increases in auto and home insurance businesses. Enhanced distribution strategy should lead to improved premiums in force in the coming days. The company keeps expanding its Protection Services business with strategic acquisitions, which positions it for long-term growth.Allstate — with a market cap of $50.5 billion — is a major property and casualty insurance provider with operations in the United States and ...