Filed under: Stocks to Buy
Financial services play Lincoln National Corp (LNC), first discussed here on June 18, 2009 at a price of $15.92, appears to have survived a summer bear-hug plunge. Look for Lincoln's life insurance revenue to increase 6-8% in 2010, accompanied by sales growth in its annuities product line.
Further, product modifications to its defined contribution business should lead to more-encouraging results in 2010, but the to-date, sub-par U.S. economic recovery will likely continue to dent the unit's revenue.
Continue reading Lincoln Financial Stabilizes After a Summer Slump
Lincoln Financial Stabilizes After a Summer Slump originally appeared on BloggingStocks on Tue, 26 Oct 2010 17:20:00 EST. Please see our terms for use of feeds.
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