Is Now a Good Time to Consider Prudential?

Generally, I avoid stocks already above $50 -- but there are exceptions. Prudential Financial Inc. PRU is one of these, and it's worth a review. Prudential has weathered the recession and is now set to post impressive earnings growth in 2011 and 2012. A strong variable annuity business is likely to be complemented by double-digit earnings growth in asset management: The company currently manages about $641 billion in assets. Meanwhile, PRU's insurance unit will recover more slowly, due to sub-par life and disability margins. Continue reading the article.