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Could This Undervalued Stock Make You a Millionaire 1 Day?


At the beginning of April, when asked to find an undervalued stock, I picked Swiss insurance and reinsurance giant Chubb (NYSE: CB). Not long after that article was published, it was revealed Warren Buffett was accumulating shares, picking up around 26 million shares of the company.

I certainly can't argue with Buffett's logic or his selection of the company. As a result, when again posed with the question of finding an undervalued stock for this month, I'm reupping my suggestion to consider Chubb. Could this undervalued stock make you a millionaire one day? Perhaps; read on to find out why that just might be the case.

Image source: Getty Images.

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Source Fool.com

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