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written by reader Brighthouse Financial,Inc.

By frankw17, June 6, 2022

Good afternoon Travis. I read an article today authored by Jody Chudley of Wealthy Retirement advocating for BHF, a stock you have commented on a number of times and it has been on your watchlist for a few years. Either I’m missing something or this has to be the cheapest stock on the NYSE. According to Yahoo Finance, it is selling for .27 times book, has a book value of $169.05 and has reduced it’s outstanding shares from 120M to 75M, currently. It has a P/E of 3.74 trailing and 3.21 forward. Is it time to bring it from “the watchlist” to the portfolio?
Regards,
Frank

PS, the last time BHF was mention was in the Friday File of 8/28/20

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