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28 May, 2015 at 6:27 am in Business
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With both companies possessing P/E ratios of less than 10, they certainly fit Fairholme's undervalued focus. Berkowitz says that, "these insurers are both generating a significant amount of cash, and that's not reflected in their low stock prices. We don't believe the government will take over providing longchamp soldes health insurance, despite fears otherwise."These companies also sport low P/E ratios and Berkowitz has taken notice.
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