Allstate insurance office in downtown Baltimore, MD. October 29, 2022. Photo: Diego M. Radzinschi/ALM

Allstate shareholders will end the year on a high note after investors shifted their trading strategies for high inflation in 2024.

"P&C companies like Allstate have become a quiet go-to for investors diversifying away from mega cap growth stocks," TradeStation's Global Head of Market Strategy David Russell told PropertyCasualty360.com.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.

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