Investopedia: W.R. Berkley's Valuation Has Caught Up
Specialty insurance company W.R. Berkley (NYSE:WRB)
has long been one of my favorite under-valued insurance companies.
While it is still one of my favorites in terms of management quality and
addressable markets, the stock has been quite strong over the past two
years and no longer represents much of a bargain. While long-term
investors may wish to hang on, investors considering a new position may
have to wait for a better opportunity.