The Rock Is Cooking (NYSE: PRU)

Prudential Financial handles Q3 with aplomb the life insurer with its iconic Rock brand image which symbolizes stability and strength smashed analyst estimates with earnings of $2.12 a share or $1 billion. Allan Edwards co-CEO of The Markets Are Open stated "what is most impressive about these results was that that Prudential added to its top line and bottom line growth." Prudential saw revenues increase to $7.9 billion dollars up from $6.8 billion in the period a year ago.

Edwards commented "that is unheard of growth for a life insurance company this was truly a KOBATA." KOBATA is Wall Street lingo for "knocked it out of the ballpark above top anticipations." Asked what he felt Prudential should be worth, Edwards said "tangible book value is now at $67.81 per share and the stock currently trades under this amount, so Wall Street traders get a company making $3 billion a year at a price cheaper than their equity, sounds like a great investment to me, yet Wall Street traders would rather buy Priceline" snickered Edwards. Priceline.com Incorporated an online travel company trades at 3/4 the market capitalization as Prudential with 1/10 the profitability and $30 billion less equity.

Prudential is currently trading up 0.81% in after hours trading which is from the time the markets close until 8:00PM where typically machines accept trades usually at a lower volume. Edwards finished "as Jim Cramer would say the stock has no catalyst." But I would say being undervalued is."