Best Financial Companies To Invest In Right Now

Best Financial Companies To Invest In Right Now: Alleghany Corporation(Y)

Alleghany Corporation, through its subsidiaries, engages in the property and casualty, and surety insurance business in the United States. It underwrites specialty insurance coverages in the property, umbrella/excess, general liability, directors and officers liability, professional liability lines of business, and homeowners insurance. The company also writes surety products, such as commercial surety bonds and contract surety bonds. In addition, Alleghany Corporation owns and manages improved and unimproved commercial land, and residential lots in the Sacramento, California. As of December 31, 2010, the company owned approximately 320 acres of property in various land use categories. Further, it engages in the oil and gas exploration and production business. The company was founded in 1929 and is based in New York, New York.

Advisors' Opinion:

• [By Damian Illia]

  The firm is currently Zacks Rank # 2 - Buy, and it also has a longer-term recommendation of "OutPerform". For investors looking for a Zacks Rank # 1 – Strong Buy, Alleghany Corp. (Y), Berkshire Hathaway Inc (BRK.B) and Fidelity (FNF) could be the options.

• [By Chris Hill]

  Which investors are worth following? In this installment of MarketFoolery, our analysts talk about why they're following Cook and Bynum's Richard Cook and Dowe Bynum, Martin Capital's Frank Martin, Alleghany's (NYSE: Y  ) CEO Weston Hicks, and T. Rowe Price's (NASDAQ: TROW  )  Preston Athey. 

• [By Matthew Argersinger]

  Matching a stable of strong insurance businesses with intelligent investing is one of the key formulas Warren Buffett used to turn Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) into one of the greatest investments of the past half-century. For! tunately for investors who weren't able to ride Buffett's market-crushing train, there are several smaller companies that have embraced Berkshire's formula with great success. One of those is Alleghany (NYSE: Y  ) , a multi-line insurance company whose objective is "to create value through owning and managing operating subsidiaries and investments, anchored by a core position in property and casualty reinsurance and insurance." Sound familiar?

source from Top Stocks For 2015:http://www.topstocksblog.com/best-financial-companies-to-invest-in-right-now-2.html