If insurance is boring, then brokering insurance must be downright sleep inducing. Yet stocks don’t get much more exciting than Arthur J. Gallagher, which has trounced the market since going public in 1984, Teresa Rivas writes in this week’s edition of Barron’s. Expect those gains to continue, the author adds. Gallagher has doubled its earnings per share over the past five years, while returning 27% annualized over that period, far outpacing the S&P 500’s 12% return. There’s no reason to expect that outperformance to stop, the publication says.
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