Root vs. MS&AD Insurance Group Holdings: Which Insurance Stock is a Better Choice?
While insurance companies may not be as sexy as tech stocks, they can still be good investments. People are always buying insurance, which provides steady income for these companies. Root (ROOT) and MS&AD Insurance Group Holdings (MSADY) are two lesser known insurance stocks, but which is the better buy? Read more to find out.Insurance stocks lack the intrigue and excitement of high-flying tech stocks, yet some companies operating in the insurance space are highly investable. Insurance providers will always attract investors to a certain extent simply because these businesses have a dependable source of revenue that is always in demand. Some industry innovators within the space are evolving and disrupting the competition with highly idiosyncratic business models.
Instead of investing in the top insurance companies that advertise on TV and radio, expand your search to some of the industry’s lesser-known players. Continue researching this segment, and you will find more than a couple of insurance companies with considerable merit.
Root (ROOT) and MS&AD Insurance Group Holdings (MSADY) are two publicly traded insurance companies most retail investors aren’t aware of, mainly because the mainstream investing media shies away from the comparably boring insurance space. Below, I provide a closer look at these insurance providers.
Continue reading on StockNews