Could be a good day for the start of the 4th quarter
Allstate has been trending higher - this could be a good day to add shares of ALL to your portfolio with expectations it will be higher later this year. What would be good catalysts? Higher EPS, share buyback announced, increased dividends, improving economic climate ....... think about it, the country has weathered the biggest recession since the 1930's and companies like Allstate have made it through the crisis. They sell an essential product and have great brand recognition. This stock will go higher. It is all a matter of getting in at a good price, and adding to your holdings. The stock will gravitate higher as more people come back into the market.