Dec. 1 at 5:07 PM
$PRU Stocks been range bound its entire existence! Was
$135 stock just 1 year ago, 2 years ago
$130’s,
$130’s a decade ago and now struggling hard to break through
$109’s. All this while markets were setting ALL-TIME highs. This has some serious making up to do…15-20 years worth of being left in the dust. The dividends are nice but worthless if the shareprice can’t hold any gains! Not sure what the excitement here is all about? Yes they have had a couple decent quarters but has not at all been reflected in the shareprice. Shareholders have not been rewarded at all, quite the opposite and shareholders have been punished for holding onto this stock. Hopefully that finally changes but the fact that it’s struggling so bad to break through
$109 is not very promising. I hold shares and hope I am wrong but pretty much every stock I own or follow far exceeds returns from
$PRU and that hold true going back decades!