5 Undervalued Insurance Stocks To Buy Now

3. First American Financial Corporation (NYSE:FAF)

Share Price Upside: 32%

First American Financial Corporation (NYSE:FAF) is a sizeable American insurance and financial services provider headquartered in Santa Ana, California. These days, the firm is busy expanding its American portfolio, as a home warranty subsidiary expanded coverage in Illinois in November 2023.

As of Q2 2023 end, 21 out of the 910 hedge funds part of Insider Monkey’s database had bought and owned First American Financial Corporation (NYSE:FAF)’s shares. Out of these, Parag Vora’s HG Vora Capital Management is the largest investor since it owns $570 million worth of shares.

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