Tuesday, January 12, 2021

A Timely Value Play 一只合时的价值股

 Under an extreme valuation environment in the stock market, no PE,  high PE and multi-hundred percent increase stocks will likely get sold and come down big as the market correct. 2021 will likely be the year of market correction after an euphoric rise in 2020. During the correction, investors will switch out of past high flyers and move into value stocks.  Value stocks are safe stocks during a market correction. Aflac (AFL) is such a value stock.

Aflac Incorporated (AFL 46.27), through its subsidiaries, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, income support, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products. The Aflac U.S. segment provides cancer, accident, short-term disability, critical illness, hospital indemnity, dental, vision, and term and whole life insurance products in the United States. It sells its products through sales associates, brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. The company was founded in 1955 and is headquartered in Columbus, Georgia.

The goods of AFL:

1. Valuation: Forward PE is only 9, Book Value is $45,  Price to Sales is 1.44, Dividend 2.97%.

2. Sector: AFL is in the hot financial sector. It is timely to buy because earnings reports of this sector is due soon. AFL reports on February 3.

3. Institution participation: There are increasing number of hedge fund (a total of 34) bought into it in Q3 and the stock is a very healthy 61.7% own by institutions.

4. Technicals: AFL is on the verge of breaking out after an 11/2 months correction. Its next two resistances are 50 and 55. Support is 44. 

5. Analysts opinions: Two analysts upgrade AFL  on Friday and today. Average target is 50.




 



在股票市场的极端高估值环境下,没有PE,高PE和百分之几百以上增长的股票很可能会在市场下跌调整时被抛售而大幅下跌。经2020年大涨之后,2021年很有可能是市场下跌调整的一年。在调整期间,投资者将摆脱以往的高价估值股,而转向价值股。在市场调整期间,价值股票是安全的股票。 Aflac(AFL)就是这样的一只价值股票。

 Aflac Incorporated(AFL 46.27)通过其子公司提供补充健康和人寿保险产品。它通过Aflac日本和Aflac美国两个部门运营。Aflac日本部门提供癌症,医疗,收入支持以及全程和定期人寿保险产品,以及储蓄型保险产品下的WAYS和儿童养老金计划。 Aflac美国分部在美国提供癌症,意外事故,短期残疾,严重疾病,医院赔偿,牙科,视力以及定期和终身人寿保险产品。它通过销售伙伴,经纪人,独立公司机构,个人机构和附属公司机构销售产品。该公司成立于1955年,总部位于乔治亚州哥伦布。

 AFL的好处:

 1.估值:前瞻市盈率仅为9,账面价值为$ 45,股价/销售为1.44,股息为2.97%。

 2.行业:AFL处于现在热门的金融领域。由于该行业的收益报告即将到来,因此现在购买是及时的。 AFL将于2月3日报财报。

 3.机构参与:在第三季度,有越来越多的对冲基金(共34只)购买AFL,机构持有AFL股票为非常健康的61.7%。

 4.技术分析:AFL在经过11/2个月的调整后即将向上突破。接下来的两个阻力是50和55。支撑是44.

5. 分析师意见:两位分析师分别在上周五及今天调升AFL评级, 平均目标价为50。







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