Loews Looks Like a Real Bargain

Look closely enough at this robust market, and you can still find some intriguing opportunities. One of strongest candidates I have come across recently is the conglomerate Loews (L). Loews is a collection of businesses and investments that, on the basis of its current market valuation, is essentially giving you a part of the business for less than 20% of tangible book.

Loews is an industrial conglomerate that was founded more than 50 years by the Tisch family. While a history of the company is beyond the scope of this article, Loews has a history of brilliant capital allocation, beginning with founders Robert and Larry Tisch. Starting as a movie theater chain, Loews has morphed into something bigger and better....583 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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