Aflac, Inc. (NYSE:AFL)

Great Company

Must work off the millions lost to Lehman etc. then back to basic 15% grower.
PEG .75
PE 9.65

Beaten down with rest of financials, but bulk of business is in Japan not recession related. While they have a correlation with unemployment in terms of insurable rolls in US, don't think that the movement is in line with the underlying fundamentals.

The Japan Market will Increase in the fourth quarter of this year..

* Market capitalization north of $10 billion
* Trailing P/E ratio between 8 and 14 times earnings
* Return on equity of at least 20%
* CAPS rating of four or five stars

Aflac is one of the few insurers that was not invested in the credit market. With strong revenue coming in from Japan and other insurers flailing, Aflac is poised to rebound from $35 a share last Friday.

BIG BUY BABY!!

Great stock, great company. The Amos brothers are top notch, this stock will turnaround when the market does, if not before. Look for a split the next time it gets in the $60s.

AFL is selling near its QVT estimated low of $50.01. Recently, AFL bought its buyback shares prior to its agreed upon date of February of next year.

Estimated price range for next 12 months $66.09-50.01

its my stock and I neglected to add it till now.

Some sage Buffett advice: "Insurance companies offer standardized policies which can be copied by anyone. Their only products are promises. It is not difficult to be licensed, and rates are an open book. There are no important advantages from trademarks, patents, location, corporate longevity, raw material sources, etc., and very little consumer differentiation to produce insulation from competition. It is commonplace, in corporate annual reports, to stress the difference that people make. Sometimes this is true and sometimes it isn’t. But there is no question that the nature of the insurance business magnifies the effect which individual managers have on company performance."

Say-on-pay program.

#30 on Forbes' list of Best Companies to Work For.

Plus I like the duck.

DILIGENTLY ADVERTISED

This stock trades in a $16 range between 52-68 a share, so I am getting in at 57. A large company that continues to beat their earnings over and over and pays a dividend will do nothing but attract more investors. Also they recently just announced a share buyback worthy of almost 4% of their shares at current levels.

The duck commercials are great!

The company has a very predictable earnings stream, it is dominate in its markets and should be able to maintain that domiance, Cashflows are exceptionally strong, and the comapny is very well capitalized.

Consistent growth over the long haul.

staying power

Has history of stock splits above the $60 level (ala 10 years ago)

If high deductible health insurance continues its growth, Aflac is the only (of a few providers of ) product that can be adaptable to this market. (To lessen risk of total loss/use of deductible account which can be reinvested after the first of the next year).

part of the mattchenzo 50, my own index of the 50 fundamentally best stocks in the s&p 500, almost sure to beat it over about a year or so...