Sep. 5 at 6:09 PM
$ALL: Up 8.1% YTD, but is it really a buy? 🤔
Despite trading above its 50-day SMA and strong premium growth,
$ALL faces high debt and valuation concerns with a P/B of 2.5x versus the industry's 1.58x. 📉
Opportunity assessment here 👉 https://www.zacks.com/stock/news/2747701/allstate-trades-above-50-day-sma-how-to-play-the-stock-now?cid=sm-stocktwits-2-2747701-body-11226&ADID=SYND_STOCKTWITS_TWEET_2_2747701_BODY_11226