3 Under-the-Radar Growth Stocks That Could Be Long-Term Winners
When it comes to finding solid companies with stellar stock growth potential, one industry that tends to fly under the radar is insurance. But investors should know that Warren Buffett considers the insurance industry Berkshire Hathaway's "most important sector."
What Buffett loves about insurance companies is the business structure, which sees insurance companies collect money, known as float, in advance of claims that are paid out down the road. This float is then put to work in investments, and is one reason why Berkshire has been able to grow as big as it is. In the insurance sector, you can find established players that have been around for 50 years or more. These stocks can provide steady returns and solid dividend yields.
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Source Fool.com