MetLife Inc. (MET)

45.84
NYSE : Finance
Prev Close 44.96
Day Low/High 45.73 / 46.61
52 Wk Low/High 37.76 / 51.16
Avg Volume 6.23M
Exchange NYSE
Shares Outstanding 936.45M
Market Cap 42.10B
EPS 5.00
P/E Ratio 7.42
Div & Yield 1.76 (3.88%)
Financials Should Go From Worst to First

Financials Should Go From Worst to First

While the stocks have bounced off their June lows, there appears to be far more upside from here.

My Takeaways and Observations

I don't like this market one lick. Green eggs and stocks -- neither rocks. I further expanded my short exposure today. Viva la revolution!  In 1969 at the Woodstock Music Festival I was screaming "no rain." In 2016 I am chanting no rate rise this ye...

My Takeaways and Observations

If today was a song it would be Cream's "Strange Brew."  As examples: Oil is lower yet energy stocks -- including my shorts Exxon Mobil and Schlumberger -- are higher. Treasury yields are lower and the yield curve flattens, yet banks and financials ...

Trade of the Week: Go Long on Hartford Financial

Let's make a long of Hartford Financial this week's Trade of the Week. I've been recently adding to my HIG long, adding a shorter-term "trading long" of the stock to my longer-term "investment" position in it. (I did something similar with my short ...

Buying More Hartford Financial

I'm picking at more shares of Hartford Financial this morning. Click here to read my recent thesis for remaining long on the stock. I think an expected rise in rates could also serve as a short-term catalyst for HIG. (Note that bond yields were init...

Sticking With MetLife Should Pay Eventually

Sticking With MetLife Should Pay Eventually

The market is assigning too great a discount to the shares amid a weak short-term environment.

Get Some Insurance for (and in) Your Portfolio

Get Some Insurance for (and in) Your Portfolio

Such companies tend to perform well over the long term.

My Takeaways and Observations

Peak Trump. The conditions I anticipated in my previous day's column (Trump's fall) -- a widening in the poll differentials between Trump and Clinton --- is already occurring.  Tesla TSLA, Part Deux.  The market was up at the get go, but we saw a ve...

Closing Bell: MetLife's Plan to Cut Costs; U.S. Stocks Go Nowhere

Closing Bell: MetLife's Plan to Cut Costs; U.S. Stocks Go Nowhere

Wall Street appeared to take pause ahead of tomorrow's jobs report.

My Takeaways and Observations

My opening missive on Donald Trump's possible withdrawal was meant not as a political statement but rather as an investment statement tied to a political outcome.  Tesla talk: Here and here. Life insurers are croaking on low interest rates. I mainta...

Life Insurers Are Croaking

With the Bank of England easing monetary policy today, I'd like to point out that life insurance is the most-exposed sector to lower rates. (The second-most-exposed one is banking). Frankly, the "float" ain't what it used to be for insurers, while r...

Why I'm Still Big on HIG

I'm aggressively adding to my long of Hartford Financial despite the stock's 8.6% pullback in the wake of last week's large second-quarter earnings miss. Hartford reported $0.31 in second-quarter earnings per share last Thursday after the bell, fall...

Insurance Stocks: Trouble With the (Yield) Curve

Insurance Stocks: Trouble With the (Yield) Curve

Investors may finally be catching up to it.

Taking In Several Shorts

I'm down to tag ends on the following shorts: The "B" shares of Berkshire Hathaway   Coca-Cola Fastenal Foot Locker Lincoln National MetLife Netflix Nordstrom Starbucks Walt Disney Co.

Midday Report: Deutsche Sours on Metlife; Stocks Fluctuate

Midday Report: Deutsche Sours on Metlife; Stocks Fluctuate

Stocks struggled to determine direction as Wall Street took a slight pause after two days of record-making runs.

Metlife downgraded at Deutsche

My Takeaways and Observations

One note to start: I constantly try to be ahead of Group Stink, which is pervasive in the business media, and if I am not, please inform me! I don't want to write the obvious or mimic consensus through a rear-view mirror. That would not be value-add...

Take Stock of Your High-Dividend Stocks

Take Stock of Your High-Dividend Stocks

Valuations are stretched in certain names and industries, so some profit-taking appears in order.

My Takeaways and Observations

The 10-year U.S. note yield hit 1.35% this morning, the lowest level since 1953. Raise your hand if you think this is a bullish signpost for the global economy. (I don't see many hands being raised!) With the U.S. dollar strengthening and corporate ...

Removing GE's 'Too-Big-to-Fail' Label Shows Wall Street Reform Works: Democrats

Sherrod Brown and Maxine Waters contend decision shows 'systemic' firms can choose more oversight or divestitures to reduce their threat to the economy.

My Takeaways and Observations

My month was made by Double D's comments, and I mean it.  At my core I am a softie, and D's sweet words tugged at my heart. I shared them with my family. Bottom line to me on the markets: This week's events reset global economic and profits growth l...

My Takeaways and Observations

My 3 a.m. project this morning: I am not banking on banks. Today's stock performance could be a tad disquieting to bank bulls, though not conclusive (it's only one day!). Citigroup (C) and Bank of America (BAC) were barely higher on the day. To me, ...

8 Beaten-Down Post-Brexit Bargains

8 Beaten-Down Post-Brexit Bargains

These names are now oversold and are sitting at attractive prices.

My Takeaways and Observations

Perhaps more than ever, the market has no memory from day. Stocks closed up by 35 handles and ended at the day's high. What were the odds of this occurring at yesterday's close? Enough said. I got lucky and got slightly net long and covered a lot of...

My Takeaways and Observations

I started the day with a two-part opening missive that took a while to write this morning, "The Big Chill." It's here and here. Friday and Monday represented the worst two-day drop in the senior averages since last August. I guess it's clear, with t...

The Big Chill (Part Deux)

As I wrote in my previous missive, the Brexit vote's rejection of the 1990s/early 2000s globalization trend reminds me of the 1983 film The Big Chill's look at how the world changed between the 1960s and the 1980s. Let's check out some things that I...

Partly Covering Disney, Lincoln National and MetLife Shorts

I'm trading around some positions, as I often do. For instance, I recently covered part my shorts of Lincoln National (LNC), MetLife (MET) and Walt Disney Co. (DIS).

My Takeaways and Observations

"Takeaways" will be shorter than usual as I am trading actively in the after-hours market now. Some interesting charts. Brexit.  Brexit and the media.  Peak Housing?  Fertilizers bounce.  Markets closed on their highs. The U.S. dollar weakened. Oil ...

My Takeaways and Observations

Secular stagnation looms. This opener is an important one and I like the way it came out. Please read it if you haven't previously.  I have been getting shorter on every rally over the last one-and-a-half weeks. Today was no different.  Brexit odds ...

I'm Getting Shorter All the Time

I used this morning brief opening rally to increase my short exposure by adding to my short of the SPDR S&P 500 ETF (SPY). I might be wrong in going so short, but at least I'm consistent! In fact, I've added to several of the shorts in my book over ...