Focus Stock of the Day (AFL)

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Insurance company set to soar.

This U.S. insurance company has one of the most recognized brand names. The company has had long-term success, the recent bump in the road has reduced the share price to attractive levels.

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History suggest the share price could rally about 26% during the next year.

With 50-plus years under its belt, Aflac (AFL) is now a household name in the U.S. A known provider of supplemental insurance with catchy advertising (a duck who quacks "Aflac"). The recent decline in share prices has created an oversold situation with the RSI (a common technical analysis metric called "relative strength index"). When the RSI falls below 30 most of the time shares are due for a short term rally. Right now, Aflac is bouncing back from oversold territory if history repeats shares will have a strong rally back into overbought territory.

Aflac has had a tough few weeks. Now is the time to take advantage of an incredible company which has provided long term share holders around 18% annualized returns since 1980.

Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.



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