Brown & Brown: Quality Dip in Stock
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Brown & Brown stock takes a hit, but offers a buying opportunity for investors. Despite a 30% drop over six months, the insurance brokerage, with operations in 44 US states and 14 countries, shows strong revenue growth and earnings per share growth of 20.5% over the past five years. Free cash flow margins averaging 23.8% and a forward price-to-earnings ratio of 14.4 make it an attractive option for quality hunters.
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