Time to Buy a Piece of the Rock?

Prudential Financial, Inc. (PRU) is a diversified financial services company. It provides insurance (life insurance annuities, and annuities as well as P&C insurance) and investment management services worldwide. On the investment management front, it offers mutual funds, and investment management products and services. The U.S. Retirement Solutions and Investment Management division provides individual variable and fixed annuity products; and record keeping, plan administration, actuarial advisory, tailored participant education and communication, trustee, and institutional and retail investment services. It also offers brokerage services; guaranteed investment contracts, funding agreements, structured settlement annuities, and other group annuities; and investment management and advisory services to the public and private marketplace. The U.S. Individual Life and Group Insurance division provide individual variable, term, and universal life insurance products to middle affluent markets; and group life, and long-term and short-term group disability, as well as group corporate, bank, and trust-owned life insurance products to institutional clients. It also sells accidental death and dismemberment, and other ancillary coverages; and offers plan administrative services. Prudential Financial, Inc. was founded in 1875, has $820 billion in assets and made $7.5 billion ($17.30/share) last year on $60 billion in revenues.

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