gggupup Newbie

Joined: 24 Apr 2008 Posts: 9
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Posted: Sat Jun 14, 2008 8:24 pm Post subject: Torchmark Corporation (TMK) |
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Torchmark Corporation (TMK) is a holding company for a group of insurance companies, which market primarily individual life and supplemental health insurance, and to a limited extent annuities, to middle income households throughout the United States. The Company views its operations by segments, which are the insurance product lines of life, health and annuities, and the investment segment that supports the product lines.
The stock has retraced 6.1% from its recent high price of $66 which occurred on 2-May-2008. The current price is below the 20 day moving average of $62.72. The closest support and resistance can be found at $59.44 and $64.09 respectively. It looks like that the stock is ready to move up. . At present, the buy rating for TMK is set to 7.5 with the 75.86 target price.In addition, on P/E ratio, the stock seems highly undervalued.
For detail analysis, check here:
http://www.9trading.com/index.php?symbol=tmk |
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