Kingstone Companies (KINS)

[31set]

Banner Q3 2015 for Kingstone! YoY direct written premiums up 22.1%, net income up 24.5%, earnings per share up 23.1%. Kingstone now an admitted carrier in 3 more states in addition to New York: Texas, Connecticut & New Jersey. Dividend raised 25% to $0.0625 per share.

Where else are you going to get this kind of growth in a stock paying a solid 2.5% dividend, and trading at a PE of only around 11?! All this in a company with no long term debt.

Looks like exciting times ahead for Kingstone shareholders. Excellent job by management and the crew.

Of course, maybe Amazon at a PE of 950, with no dividend and 40% debt/assets is a better choice. Lots of people seem to be buying it. Personally, my money is on KINS.