It’s Not Too Late to Buy This 1 Incredible Stock with 10X Growth Potential
Is it time to get a share of this no-hype insurer that’s been growing at a rate of 50% per year for 8 years straight?
Dear fellow investor,
You may not think of insurance as the most exciting sector to invest in, but it currently contains what our experts think is one of the market’s greatest undiscovered gems.
Since its IPO in 2016, one unloved company has returned more than 50% annually, or enough to turn $10,000 into $263,690 during the past eight years.
So if you’re looking for a small stock in an incredible position within a niche market with 10x upside, then read on.
This underappreciated gem underwrites policies in what’s called the E&S (Excess & Surplus) market.
E&S insurers work outside of traditional insurance, like automotive and homeowners insurance, and instead focus on hard-to-place risks that regular insurers decline to cover.
This is good news for savvy investors...
Because the E&S market grew more than TWICE as fast as the overall property and casualty insurance market between 2011 and 2022, making it a potential goldmine for those that have cash on hand.
Even better: This company is not only the best insurer within its niche (being more profitable than its competitors)... it also enjoys a number of other factors driving growth:
- Since its IPO in 2016, its average annual combined ratio is 81%, meaning it earns $19 in underwriting profit for every $100 in premiums taken in. In the highly competitive insurance industry, these are excellent results that others wish they could produce.
- It’s web traffic continues to grow… Increased web traffic is often a bullish indicator as it can translate to a growing customer base.
- It currently has a market share of only 2%, so it has tremendous room to grow.
When you put it all together – our experts think there is huge potential here.
Keep in mind, nobody has a crystal ball to accurately predict what a stock will do over the coming days, weeks, or months.
So, when we recommend a stock, we do so with a minimum five-year time horizon.
And our experts think that long-term investors who add this stock to their portfolios now will be very glad they did after a few years have passed!
If you’d like a full write-up on this stock and why we think it could be a great investment right now, we’ve put together a timely new report with our full due diligence.
It’s called...
1 Stock Recommended by Motley Fool Stock Advisor
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You’ll get a sneak peek inside Stock Advisor – and learn the ticker of this incredibly timely stock recommendation our experts think could prove to be a lucrative investment for years to come.
You’ll also be glad to hear:
This top stock currently trades at less than $400 per share, so you’ll be able to invest as much or as little as you’d like if you’re interested – all while you continue to build your Foolish portfolio of 25+ stocks and holding them for at least 5 years.