Here's Why Hold Strategy is Apt for Prudential Financial (PRU)

Prudential Financial, Inc. (PRU) has been gaining momentum on the back of higher emerging markets earnings, improved spread income, favorable underwriting and a solid financial positionZacks Rank & Price PerformancePrudential Financial currently carries a Zacks Rank #3 (Hold). Over the past six months, the stock has gained 16.9% compared with the industry’s rise of 11.4%.Image Source: Zacks Investment ResearchReturn on EquityPRU’s return on equity of 16% expanded 583 basis points year over year. This shows ...