Stocks that Benjamin Graham would love
Graham liked to base his decisions on 10 years of a company's data. In the case of New York-based Travelers Cos — which specializes in commercial property and casualty insurance and also underwrites insurance for individuals — revenue rose to almost $25 billion in 2009, from less than $8 billion a decade earlier. Net income has reached $3.6 billion, up from less than $1 billion.
Travelers merged with rival St. Paul Cos. in 2004 and joined the Dow Jones Industrial Average last year. The company remained profitable during the financial crisis. That wasn't the case at some other insurers, including American International Group Inc., Allstate Corp. and Progressive Corp. [Photo: Bloomberg News]