Aflac

With the market hitting all time highs almost on a daily basis it is hard not to make money. Aflac (AFL) is no exception, recently hitting an all time high of $54 Aflac looks prime to head higher. Aflac has had consistent growth over the past five years and this trend does not appear to be slowing. With over 50 years of experience in the insurance industry Aflac is no newbie to the game. Here is a description of Aflac’s business summary provided by Yahoo:

Aflac Incorporated, through its subsidiaries, engages in the marketing and sale of supplemental health and life insurance plans in the United States and Japan. It sells cancer plans, care plans, general medical indemnity plans, medical/sickness riders, living benefit life plans, ordinary life insurance plans, and annuities in Japan. The company also sells cancer plans and various types of health insurance, including accident/disability, fixed-benefit dental, sickness and hospital indemnity, vision care, hospital intensive care, long-term care, ordinary life, and short-term disability plans in the United States. Aflac underwrites individually issued policies, and markets its policies through independent agents, as well as through independent corporate agencies, and individual agencies. The company was founded in 1955 and is headquartered in Columbus, Georgia.

According to AFL’s financials it appears Aflac is a pretty sound company. With nearly 19% ROE and 10% profit margin AFL is doing something right. The commercials are pretty funny too. This one is my favorite.