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The Allstate Corporation (NYSE:ALL) ranks among the best non-tech stocks to buy according to billionaires. Adam Klauber, a William Blair analyst, remained optimistic about The Allstate Corporation (NYSE:ALL) shares, issuing a Buy rating on June 2. Klauber claims that the company is in a strong position to surpass its previous growth rates and achieve high-single-digit growth in its top line. This was due to the company’s broad selection of protection products and varied distribution channels, which include life, home, and auto insurance.
In addition, The Allstate Corporation (NYSE:ALL) is taking advantage of a far better auto loss environment and employing technology to reduce costs. Further, the company’s homeowners insurance division is expanding quickly and consistently turning a profit.
The Allstate Corporation (NYSE:ALL) offers a variety of insurance services and products, such as protection, health, and property and casualty insurance. In addition, the company offers consumer protection plans, roadside assistance, and analytics solutions.
While we acknowledge the potential of ALL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds
Disclosure: None.
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