With earnings outlooks beginning to improve, such companies as these are worth considering: Allstate (32, ALL), trading at 8 times earnings and yielding 3%; Chubb (63, CB), P/E 17, yield 2.1%; Hartford Financial Services (47, HIG), P/E 12, yield 2%; and St. Paul Cos. (30, SPC), P/E 9, yield 3.5%.
Finally, two more good values at current prices: United Technologies (67, UTX), trading at 14 times earnings and yielding 1.9%, and Lockheed Martin (115, LMT), at 15 times earnings and yielding 1.4%.
It's had a tremendous move since March, but that's only because it was trading at five, six times earnings with a yield well north of 6%." If juicy bank dividends appeal, consider Saba's other picks: Danske Bank, trading around ten times earnings and yielding 4%, and ING's domestic competitor, ABN Amro, which costs ten times its annual earnings and yields 5%.
I'd switch out of the stock into regional banks such as KeyCorp (20, KEY), trading at eight times trailing earnings and yielding 5%, or U.S. Bancorp (22, USB), with a P/E of 11 and yield of 3.5%.
His patience allowed him to buy in at just $24, when the stock was selling at 14.5 times forward earnings and yielding 2.8percentt.
CVS shares are now trading for 9.7 times projected next-twelve-month earnings and yielding 2.9%.
Property and casualty insurers Safeco and Ohio Casualty are trading at nine times depressed earnings and yielding close to 6%.
BB&T Corp– A conservatively-run financial services company headquartered in North Carolina that has grown via a solid acquisition strategy, yet trades for a reasonable 13 times earnings while yielding 3.2% and boasting solid capital ratios.
Besides fuel, Urenco's centrifuges spin off fairly good money: revenue of 1.6 billion euros, or $2.1 billion last year, yielding earnings of 402 million euros, for a profit margin of 25 percent.
