I’m going to purchase some Homeowners Choice, Inc. (HCI), which provides home and casualty insurance in, of all places, Florida. Wait a second! Is that right?
Don’t they have hurricanes down there and stuff?
Well, nevertheless, it has doubled this last year and still has an appealingly low P/E ratio, so…who am I to question what pops up on my screen.
And for some reason, I actually feel pretty good about this one. We’ll see…