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Richard's Remarks

As I write, ten minutes before the close, the Dow is up 48 to a new record high. I am asked, “What can we do if the stock market simply remains in high territory, without correcting?” If that comes to pass there is one stock that I think subscribers should buy. The stock is W.R.Berkley. This is an insurance company that accumulates other companies with its float. Actually, WRB is a mini Berkshire-Hathaway, and can be held for the long haul. In other words, time is on the side of this stock. Buy it and hold it for the long-term.

 

As you can see on the chart below, Berkley has surged out of a large base and may now be overbought. Buy it here or on any pullback. And have patience with this one.

 

 

 

The good news about Scotland is now out. Scotland will remain in what is left of the ... Log in or subscribe to continue reading.


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