10 Most Undervalued Long Term Stocks to Buy Right Now

8. W. R. Berkley Corporation (NYSE:WRB)

Forward P/E: ~14.5x

3-Year Diluted EPS Growth: ~22.1%

Number of Hedge Fund Holders: 47

W. R. Berkley Corporation (NYSE:WRB) is one of the Most Undervalued Long Term Stocks to Buy Right Now. On June 8, Goldman Sachs upgraded W. R. Berkley Corporation (NYSE:WRB)’s stock to “Buy” from “Neutral”, lifting the price objective to $73 from the prior target of $71. As per the firm, the company’s underwriting margins and ROE are expected to be more sustainable than the previous expectations.

The firm raised its EPS estimates for 2027 and 2028. This upgrade comes off the back of price increases, ongoing litigation reforms, coupled with the signs of deceleration in casualty claims inflation throughout the overall industry.

Goldman Sachs added that W. R. Berkley Corporation (NYSE:WRB) remains well-placed to benefit from a softer market, mainly in the initial stages. Since the company is the most concentrated casualty insurer in the firm’s coverage basket, W. R. Berkley Corporation (NYSE:WRB) can see a reduction in claim cost trends due to the litigation reforms.

This can result in improvement in margins and lead to favorable reserve development in the bull case scenario, added the firm.

W. R. Berkley Corporation (NYSE:WRB) is an insurance holding company, which operates as the commercial line writer.