Jim Cramer on Old Republic: "Just Keep Buying, Keep Reinvesting, and I Think You Will Do Just Fine"

Old Republic International Corporation (NYSE:ORI) is one of the stocks Jim Cramer answered questions about. Noting that the stock has been down after the company reported its earnings, a caller asked if it is a buy, sell, or hold. Here’s what Cramer had to say:

You know, it’s surprising. I mean, look, I was saying this weekend, I don’t know if you caught my running commentary about the insurers when I was watching the football game. I watched all these running commentator guys from Boston, enough of them. I said, the insurers are under pressure. These quarters aren’t that good, but I want you to look through it. Old Republic is a great company. I will not let you, I have followed this company for many years, and I knew the quarter was bad. There’ll be many good quarters after this. Just keep buying, keep reinvesting, and I think you will do just fine. It was an earnings miss, but all the insurers are missing this quarter.

Old Republic International Corporation (NYSE:ORI) provides insurance products and title insurance policies. In addition, the company offers related financial indemnity and escrow services.

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Disclosure: None. This article is originally published at Insider Monkey.