Monkey Throw Dart: Assurance in Universal Insurance?

Tuesday, December 29, 2009

Assurance in Universal Insurance?

I am not holding back my stock picks for the new year. The dart has been thrown at Universal Insurance Holdings, Stock Symbol: UVE. I'm convinced that this little insurance dynamo will head north in more ways than one. Expect expansion out of Florida, higher stock price, and hopefully more volume. I'll hold this one until it hits $7 or until the next dividend announcement...whichever comes first. If I'm still holding, I'll set a close stop at the start of the hurricane season. I hear El Nino is leaving town.