5 Undervalued Insurance Stocks To Buy Now

4. MetLife, Inc. (NYSE:MET)

Share Price Upside: 30%

MetLife, Inc. (NYSE:MET) is one of the biggest insurance companies in the world with tens of thousands of employees spread all over the world. The firm’s third quarter earnings were a mixed set of results, as while its net income dropped by more than 60% annually on the back of a business transaction, its adjusted earnings grew by 35%.

After digging through 910 hedge fund portfolios for this year’s second quarter, Insider Monkey discovered that 40 had bought the firm’s shares. MetLife, Inc. (NYSE:MET)’s biggest hedge fund shareholder is Richard S. Pzena’s Pzena Investment Management due to its $261 million investment.

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