NYSE:ALLInsurance
Does Allstate Still Offer Upside After Its Strong 118.6% Five Year Share Price Gain?
Many investors are asking whether Allstate at around $209 a share is still a smart buy or if most of the upside is already priced in. This article unpacks that question in detail.
Despite a relatively flat 7 day move and a modest 1.6% dip over the last month, Allstate is still up 8.9% year to date and 118.6% over 5 years. This indicates that long term holders have been rewarded even if short term action looks quieter.
Recently, the stock has been in focus as investors reassess large US...