Sit tight boys... Anyone noticed that we are releasing earnings prior to the bell this time ?
In addition to John Paulson’s favoritism of the stock, Barron’s Magazine wrote positively on Genworth Financial during a March 11 issue that values the stock at $18 a share. The editorial cites a well-respected hedge fund manager who states, “this stock is a solid buy, trading at such a ridiculously low level with solid assets that more than make up for potential losses.”
Genworth releases Q1 2013 earnings on Wednesday, May 1 before the market open.