Loews (L) Stock Looks Reasonable After A 92% Five Year Gain

Loews has delivered a 92.4% share price gain over the past five years, which naturally raises a sharper question for you as an investor. Is the current US$108.79 price supported by the returns the group earns on the capital it controls, or has the share chart moved ahead of the underlying engine? The 92.4% return over five years puts real weight on whether Loews is generating capital returns strong enough to support that kind of compounding. The business model leans heavily on how...