The Allstate Corporation: A Mispriced Turnaround Insurance Stock (Short-Term Buy Rating)

Group 1 - The Allstate Corporation has successfully completed a multi-year turnaround through effective cost-cutting and business efficiency measures [1] - The years 2022 and 2023 were particularly challenging for the company [1] Group 2 - The company is recognized as one of the largest property and casualty insurance firms in the United States [1]