Is it good time to buy Aflac stock?

now Aflac is kinda high, but is it a good investment to invest?

I do not believe that Aflac is too highly priced in comparison to the universe of stocks. The company has consistent growth and is selling at about a PE of 16 times 2006 earnings estimate and a PEG ratio near 1.0. Another point to consider is that Aflac's main market is Japan which is beginning to see a turnaround. And of course it does not hurt your diversification to invest in a company with interests outside of the USA.

If however, you were already heavily invested in insurance stocks such as PRU, etc. it would perhaps be wise to look elsewhere.

You could do a whole lot worse than Aflac.

In the month since you've asked your question, FSPCX is up at an annualized rate of 16% while AFl is down 2%. The maximun draw down in the period (the thing that scares you into selling prematurely) was 4% for FSPCX and 6% for AFL.

It's your money . . . good luck! Report It

I sure wouldn't buy AFL when I could buy FSPCX. Get more return with far less risk.

FSPCX is a no load mutual fund that invests in insurance companies including AFLAC. See the comparison by clicking below.