Allstate (ALL) Stock Still Looks Cheap After Its 131% Run

Allstate has delivered a powerful run for long term holders, and with the stock now reflecting years of strong returns, the live question is whether that price still lines up with what the insurer earns. Over the past 5 years, Allstate has returned 131.1%, which puts a lot of weight on whether current earnings can carry that kind of performance story any further. Recent results highlighted stronger underwriting profitability and a heavy focus on technology like the Ally AI ecosystem, which...