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I was looking for stocks with a low PE ratio to start filtering and I found Allianz (ALV.DE), I still have to finish my research, I'm now reading the annual report, but my superficial thoughts are that even if the stock price doesn't grow at all, it still has a good 6% dividend since the stock tanked, with a good underlying business to back it up.

I think insurance companies are cool because they're like a casino, they're based on statistics and put the odds in their favour. They also have an asset management branch but I dont know much about it.

They may have a bad year bc of the coronavirus and people receiving payments and then less earnings for 1 or 2 years because less people are buying insurance because of money problems.

So it seems good to me, but I still have searching to do.

I am a beginner this is the first stock I Analyze.

What's your opinion?



Submitted May 16, 2020 at 07:17PM by CIARRAPUNGI https://ift.tt/2TaTlph

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